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PDG Pendragon Plc

35.55
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pendragon Plc LSE:PDG London Ordinary Share GB00B1JQBT10 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.55 35.25 35.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Automotive Dealers, Nec 3.62B 45.5M 0.0320 11.11 505.5M

Pendragon PLC Completion of Sale of Mission Viejo, California (2746E)

03/07/2019 7:00am

UK Regulatory


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RNS Number : 2746E

Pendragon PLC

03 July 2019

Pendragon PLC

("Pendragon" or the "Company")

Completion of Sale of Mission Viejo, California

Further to the announcement on 2 May 2019 concerning the disposal of certain dealerships from the US Motor Group, Pendragon is pleased to announce the sale of its Jaguar Land Rover motor vehicle dealership in Mission Viejo, California. The transaction completed on 1 July 2019 following the fulfilment of all closing conditions with the total proceeds for the Company valued at GBP28.2m.

The transaction is in line with the Company's stated strategy of disposing of its US Motor Group and work on the remaining disposals continues.

 
 Enquiries 
 Howard Lee       Headland    0203 805 4822 
---------------  ----------  -------------- 
 Henry Wallers    Headland    0203 805 4822 
---------------  ----------  -------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 03, 2019 02:00 ET (06:00 GMT)

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