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RMA Rasmala

135.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rasmala LSE:RMA London Ordinary Share GB00BNG83T81 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% 135.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Rasmala PLC Company update (9951J)

10/12/2018 12:59pm

UK Regulatory


Rasmala (LSE:RMA)
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RNS Number : 9951J

Rasmala PLC

10 December 2018

10 December 2018

Rasmala PLC

("Rasmala" or the "Company")

Company update

The Company notifies that it is currently in negotiations to dispose of a non-core asset which generated a net profit of GBP0.5 million in the year to 31 December 2017. Whilst there is no certainty of the outcome, a disposal would be expected to generate a profit in excess of GBP2 million. The sale proceeds would be re-invested into operations.

Enquiries:

 
 Rasmala PLC                    Tel: +44 (0)20 7847 9900 
-----------------------------  ------------------------- 
 Zak Hydari, CEO 
-----------------------------  ------------------------- 
 Stockdale Securities           Tel: +44 (0)20 7601 6100 
-----------------------------  ------------------------- 
 Antonio Bossi / David Coaten 
-----------------------------  ------------------------- 
 

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

UPDBDBDDRUBBGIG

(END) Dow Jones Newswires

December 10, 2018 07:59 ET (12:59 GMT)

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