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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Feedback Plc | LSE:FDBK | London | Ordinary Share | GB00BJN59X09 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 62.50 | 60.00 | 65.00 | 62.50 | 62.50 | 62.50 | 168 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electronic Computers | 1.03M | -2.92M | -0.2188 | -2.86 | 8.33M |
From Jul 2019 to Jul 2024
TIDMFDBK
RNS Number : 4769K
Feedback PLC
30 July 2013
30 July 2013
Feedback plc
("Feedback", the "Company" or the "Group")
Disposal of freehold property
The Company is pleased to announce that it has disposed of its freehold property at Park Road, Crowborough, East Sussex TN6 2QR (the "Property").
Principal Terms of the Disposal and Use of Proceeds
The Company has sold the Property to Orbit South Housing Association Limited for a cash consideration of GBP940,000 together with a further nominal sum for environmental reports related to the Property.
The net proceeds of the disposal, amounting to GBP940,000, will be used to extinguish all of the Company's outstanding indebtedness of approximately GBP200,000, with the remaining balance being retained for working capital purposes and used to make investments in accordance with its Investing Policy.
Nick Shepheard, Executive Chairman, commented:
"I am pleased that the disposal of the Property is complete and the Company will now focus on implementing its Investing Policy to maximise shareholder value."
For further information contact:
Hot Features
Premium
Feedback plc
Nick Shepheard Tel: 020 3289
7747
Sanlam Securities UK Limited (Nominated Adviser and Broker)
Simon Clements/Lindsay Mair Tel: 020 7628
2200
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISURAAROWABOAR
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