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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Woolworths | LSE:WLW | London | Ordinary Share | GB0030738610 | ORD 12.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.22 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 9532W Woolworths Group PLC 18 June 2008 Woolworths Group plc 18 June 2008 Woolworths Group plc announces that its subsidiary Woolworths plc, has agreed to dispose of the leases on 4 London stores to Waitrose for a consideration of £25.5 million. The transaction is subject to Landlord consents but is expected to complete about 31 July 2008. The net book value of the stores concerned is approximately £2.6 million. The profit on disposal will be treated as exceptional and is expected to be in addition to the normal profits from property transactions which are included in retail operating profit. The proceeds from the disposal, which will be received in cash at completion, will be used to reduce Group borrowings and finance ongoing investment in the business. For further information please contact: Stephen East, Group Finance Director 020 7479 5179 Susanna Voyle, Tulchan Communications 020 7353 4200 Celia Gordon Shute, Tulchan Communications 020 7353 4200 This information is provided by RNS The company news service from the London Stock Exchange END DISILFEARTIDLIT
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