Business
Unlisted Investment
Unlisted Investment.
About this update from Heavitree Brewery Plc
[{"type":"text","content":"\n Heavitree Brewery PLC\n15 November 2005\n\nThe Heavitree Brewery PLC\nTrood Lane\nMatford\nExeter\nDevon EX2 8YP\n\n\n\nContact: Mr G J Crocker - Director and Company Secretary\nTelephone: 01392 217733\nDate: 15 November 2005\n\n\n\nUnlisted Investment - George Gale and Company Limited\n\n\nThe Company announces that it holds 23,000 Ordinary Shares, representing 2.3% of\nthe respective issued share capital, in George Gale and Company Limited which is\ncurrently the subject of a recommended cash offer from Fuller Smith & Turner\nP.L.C. On the basis that Heavitree accepts the offer and that the offer is\ndeclared unconditional, Heavitree would realise a profit of around £800,000 on\nits investment, the net proceeds of which will be applied in reducing the\nCompany's bank borrowings.\n\n\n\nEnds.\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1042,"tagName":"div"}]