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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Castle Support | LSE:CSU | London | Ordinary Share | GB00B1XLC667 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 108.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMCSU
RNS Number : 0273K
Castle Support Services PLC
12 April 2010
Issued by Citigate Dewe Rogerson Ltd, Birmingham
12 April 2010
Castle Support Services plc
Disposal of Calibration Division
Castle Support Services plc ("Castle") is pleased to announce its trading
subsidiary, Dowding & Mills (UK) Limited, has completed the sale of its
calibration division to Trescal Limited for GBP6.5m in cash. In the financial
year to 30 June 2009, the calibration division had sales of GBP8.0m, a profit
before tax of GBP0.6m and net assets at 30 June 2009 of GBP2.0m.
The proceeds of the sale will be used to further the strategy of developing
"Dowding & Mills" position as a market leader in the repair and maintenance of
generators and motors, both organically and potentially by acquisition, in
Europe, North America, Australasia, the Middle East and in other parts of the
World where it is not currently located.
+---------------------------------+---------------------------------+
| Enquiries: | |
| | |
+---------------------------------+---------------------------------+
| Castle Support Services plc | |
+---------------------------------+---------------------------------+
| Tudor Davies, Director | +44 (0) 121 766 6161 |
+---------------------------------+---------------------------------+
| Tim Barrett, Finance Director | +44 (0) 121 766 6161 |
+---------------------------------+---------------------------------+
| www.castlesupportservices.com | |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Citigate Dewe Rogerson | +44 (0) 121 362 4035 |
+---------------------------------+---------------------------------+
| Fiona Tooley | +44 (0) 7785 703523 |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Strand Hanson Limited | |
+---------------------------------+---------------------------------+
| Matthew Chandler | +44 (0) 207 409 3494 |
+---------------------------------+---------------------------------+
Notes:
Dowding and Mills Calibration is one of the leading independent calibration
operations in the UK, providing services to over 2,600 customers from its five
sites in the UK.
Trescal Limited is part of the Trescal group, a dedicated calibration
organisation with over 1200 professionals working across 11 European countries
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUUVKRRRASARR
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