Business
Analyst Site Visit and Sale of Surplus Land
Analyst Site Visit and Sale of Surplus Land.
About this update from Ibstock Plc
[{"type":"text","content":"\n \nRNS Number : 5154S Ibstock PLC 26 June 2018 \n\n \n \n \n \n26 June 2018\n \n \nIbstock plc\n \nAnalyst Site Visit and Sale of Surplus Land\n \nSite Visit\n \nIbstock plc ('Ibstock' or the 'Group'), a leading manufacturer of clay bricks and concrete products with operations in the United Kingdom and the United States, is hosting a site visit for analysts and investors today to its new brick factory at the Group's manufacturing site at Ibstock, Leicestershire.\n \nThe event will focus on Ibstock Brick's UK manufacturing operations and will include a tour of the new factory. No material new information will be disclosed.\n \nSale of Surplus Land\n \nIbstock is also pleased to announce that it has entered into an unconditional contract for the sale of a former quarry near Bristol, England, for a consideration of £9.3 million in cash. The consideration is payable in full on completion, which is expected to be 31 August 2018, and it is anticipated that the sale will generate a reported pre-tax profit on disposal of c. £6 million. \n \n \n \nEnquiries:\n \n\n\n\nCitigate Dewe Rogerson \n\n\n020 7638 9571\n\n\n\n\nKevin Smith\n\n\n\n\n\n\n\nNick Hayns\n\n\n\n\n\n\n \n \n \nNotes to Editors:\n \nIbstock plc is a leading manufacturer of clay bricks with a diversified range of clay and concrete products, and operations in the United Kingdom and the United States. Its principal products are clay bricks, brick components, concrete roof tiles, concrete substitutes for stone masonry, concrete fencing and general concrete building products.\n \n\nThis 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 [email protected] or visit www.rns.com. END MSCLLFIRRFIEFIT\n ","length":4274,"tagName":"div"}]