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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Wellington Hds. | LSE:WLN | London | Ordinary Share | GB0009473900 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8258E Wellington Holdings PLC 03 November 2004 For Immediate Release 3 November, 2004 Wellington Holdings plc Sale of Hampton site for #6.5million cash completed Wellington Holdings plc, the manufacturer and distributor of specialst polymer seals for engineering and industrial applications worldwide announces the completion of the sale of its freehold site at Hampton, Middlesex, for #6.5m cash. The sale proceeds have now been received. Wellington will use certain of the proceeds of sale to relocate to a new, specially built, highly efficient factory, built to specification on half the present site. The move is expected to be completed in early 2006. Annual rental payments of #590k will commence in 2007. The balance of the proceeds of sale will be applied to reduce borrowings and to invest in the business. Notes to Editor: Wellington Holdings is a highly focused global manufacturer and distributor of specialist seals used in new equipment and the aftermarket. Main markets include mining equipment, construction machinery, aerospace, materials and fluid handling, and especially strong in oil and gas. Wellington trades under four brands, Hallite Seals, Dynamic Seals, CDI Seals and Hallite Polytek. For further information: Brian Kent, Chairman 020 8941 3774 Chris Wilkins, Chief Executive Officer 020 8941 3774 Mick Paver, Finance Director 020 8941 3774 Wellington Holdings plc Paul Vann/Victoria Stephens 020 7786 9600 Binns & Co. PR Limited Or visit the Wellington website: www.wellingtonholdings.com This information is provided by RNS The company news service from the London Stock Exchange END DISQKNKNPBDDNDK
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