Share Name Share Symbol Market Type Share ISIN Share Description
C.H. Bailey LSE:BLEY London Ordinary Share GB00B6SCF932 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 97.50p 95.00p 100.00p 97.50p 97.50p 97.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 5.1 -0.4 -5.6 - 7.42

Bailey(C.H.) PLC Conditional disposal of Maltese asset

13/11/2017 1:31pm

UK Regulatory (RNS & others)


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TIDMBLEY

RNS Number : 3400W

Bailey(C.H.) PLC

13 November 2017

C H Bailey Plc

13(th) November 2017

Conditional disposal of Maltese asset

C H Bailey Plc ("the Company" or "the Group"), the diverse group of businesses, with investments and operations around the world in Leisure, Property principally in Tanzania, South Africa and Malta and a UK engineering business, is pleased to announce a conditional sale of 16 Charles Street, Malta for EUR1.725 million ("Conditional Sale").

The Conditional Sale entered into a "Promise of Sale" agreement under Maltese law and is subject to certain conditions prior to completion. The Company expects completion to take place in the first half of 2018.

Further announcements will be made in due course.

Further information:

Bryan Warren, Company Secretary

C H Bailey Plc

Tel: 01633 262961

William Vandyk, Ciaran Walsh

Arden Partners plc

Tel: 020 7614 5900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 13, 2017 08:31 ET (13:31 GMT)

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