Business
Sale of freehold property
Sale of freehold property.
About this update from Character Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8452K\n Character Group PLC\n 07 January 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Thursday, 7 January 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The Character Group plc\n \n \n Designers, developers, and international distributor of toys, games, and \n giftware\n \n \n (\"Character\" or the \"Group\")\n \n \n \n \n \n Sale of freehold property\n \n \n \n \n \n Character (AIM: symbol: CCT.L) is pleased to announce that contracts have been exchanged for the sale of the Group's UK overspill warehousing facility at Vernon Works, Oldham in Lancashire for £3.5 million in cash (excluding VAT). Completion is scheduled to take place on 29 January 2021. \n \n \n \n \n \n The freehold to the facility was acquired by the Group in July 2011 for a total cost of £1.78 million and had a net book value at 31 August 2020 of c. £1.44 million. \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ENQUIRIES:\n \n \n The Character Group plc\n \n \n Jon Diver, Joint Managing Director\n \n \n Kiran Shah, Joint Managing Director\n \n \n Tel: +44 (0) 208 329 3377\n \n \n Mobile: +44 (0) 7831 802219 (JD)\n \n \n Mobile: +44 (0) 7956 278522 (KS)\n \n \n Email: \n \n [email protected]\n \n \n \n Websites:\n \n \n \n www.thecharacter.com\n \n \n \n \n www.character-online.com\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n FTSE sector\n \n : \n leisure: \n \n \n \n FTSE AIM All-share:\n \n \n symbol: \n \n CCT\n \n \n \n \n \n \n \n \n \n \n \n \n Panmure Gordon\n \n (Nominated Adviser and Joint Broker)\n \n \n \n Atholl Tweedie, Investment Banking\n \n \n Charles Leigh-Pemberton, Corporate Broking\n \n \n Tel: +44 (0) 20 7886 2500\n \n \n \n \n \n \n \n \n \n \n \n \n Allenby Capital Limited \n \n \n (Joint Broker)\n \n \n \n Nick Athanas, Corporate Finance\n \n \n Amrit Nahal, Sales & Corporate Broking\n \n \n Tel: +44 (0) 20 3328 5656\n \n \n \n \n \n \n \n \n \n \n \n \n TooleyStreet Communications Limited \n \n \n (Investor and media relations)\n \n \n \n Fiona Tooley\n \n \n Tel: +44 (0) 7785 703523\n \n \n Email: \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is...