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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Safeland | LSE:SAF | London | Ordinary Share | GB0007667008 | 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% | 37.50 | 30.00 | 45.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2019 to Dec 2024
TIDMSAF
RNS Number : 9951F
Safeland PLC
01 November 2018
Safeland PLC
("Safeland")
Acquisition of North Downs Golf Club
Safeland (AIM: SAF) is pleased to announce that it has acquired North Downs Golf Club ("North Downs" or the "Club") based in Woldingham, Surrey. North Downs is a well established 18 hole golf course with a 664 m(2) clubhouse together with a golf shop and reception.
The total consideration payable for this freehold property is GBP1.065 million in cash which will be funded from the Company's existing cash resources.
Safeland intends to invest in developing the Club's existing facilities and thereby enhance the Club's appeal to both existing and new members.
Commenting on the transaction, Larry Lipman, Managing Director of Safeland, said: "This is a very well located leisure asset with significant potential to upgrade and improve upon the current infrastructure. We look forward to working with the North Downs management team to develop the Club's potential."
-ENDS-
For further information: Safeland Larry Lipman, Managing Tel: 020 8815 1600 Director Stockdale Securities (Nominated Adviser and Broker) Tom Griffiths Tel: 020 7601 6100
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
November 01, 2018 03:30 ET (07:30 GMT)
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