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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cosentino Regs | LSE:MCOZ | London | Ordinary Share | GB00B0PFWS12 | ORD 1P (REG S) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.875 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMCOZ RNS Number : 6002O Cosentino Signature Wines plc 10 March 2009 10 March 2009 Cosentino Signature Wines plc Operational Update Cosentino Signature Wines plc, the AIM listed, ultra-premium brand Napa Valley based wine company, would like to update the market on recent operational developments in the business. The Company has vacated and returned three non-essential properties, along with certain equipment, that it had been leasing as the result of its August, 2007 sale and leaseback transaction at the Pope Valley, Lockeford and Clements locations, and has consolidated its Napa Valley operations into its fully owned Yountville facility and its Lodi operations into rented space in Woodbridge. This move is part of a rationalisation of its operating facilities and in line with the Company's strategy of improving operational efficiency and cost control as announced in December 2008. Cosentino is also in advanced negotiations with its senior debt providers as it seeks to continue its focus on debt reduction and control. The Company will update the market as appropriate, once negotiations have been finalised. - Ends - For further information please contact: Cosentino Signature Wines plc Larry Soldinger, Chairman - c/o Financial Dynamics 020 7831 3113 Seymour Pierce Jonathan Wright - 020 7107 8000 Financial Dynamics Jonathon Brill / Billy Clegg / Ed Westropp - 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange END MSCFGGMFRGDGLZG
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