PGI Pgi Grp

8.75

0.00 (0.00%)

Last Updated: 01:00:00

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Pgi Grp	LSE:PGI	London	Ordinary Share	GB0006911696	ORD 25P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	8.75						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Disposal

19/06/2002 4:55pm

UK Regulatory

RNS Number:4786X
Plantation & General Investmnts.PLC
19 June 2002



                      PLANTATION & GENERAL INVESTMENTS PLC

Plantation & General Investments plc announces that it has disposed of the
Nicholl and Wood division of P&G Industries plc which was engaged in the
manufacture of steel shelving and sundry pressings.


The total consideration, including the discharge of bank borrowings, amounting
to £766,000 was paid in cash on completion and was approximately equal to the
net book value of the net assets disposed of. The proceeds have been used to
reduce Group borrowings.


For the year ended 31st December 2001, the Nicholl & Wood division recorded a
profit before taxation of £6,000.


The disposal continues the Group's strategy of withdrawing from non-core
activities.


                      This information is provided by RNS
            The company news service from the London Stock Exchange