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RMC Remy Cointreau SA

73.40
0.30 (0.41%)
26 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Remy Cointreau SA TG:RMC Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 0.41% 73.40 73.20 73.60 73.45 72.20 73.10 82 22:50:06

Disposal

23/12/2003 7:00am

UK Regulatory


RNS Number:5832T
RMC Group PLC
23 December 2003

23 December 2003




RMC Group p.l.c. - disposal of shares in Adelaide Brighton


RMC Group p.l.c. ("RMC") announces that it has today sold 108.4m shares in
Adelaide Brighton Limited ("ABL"), representing 20.0% of the issued share
capital of ABL for a cash consideration of A$1.40 per ABL share.  RMC will
receive total cash proceeds of approximately A$152m (#64m).  RMC intends to use
the proceeds to pay down debt.  This sale follows the earlier disposal of ABL
shares by RMC, announced on 15 December 2003.

Following this disposal, RMC now holds approximately 80.9m shares in ABL,
representing 14.9% of the issued share capital of ABL.


Enquiries:


Investor Relations            Gary Rawlinson            07899 678351
Media Relations               Tim Stokes                01932 583215






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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