Business
Disposal of PFI interest
Disposal of PFI interest.
About this update from Morgan Sindall Group Plc
[{"type":"text","content":"\n \nRNS Number : 1007I Morgan Sindall Group PLC 28 June 2013 \n \n\n \n \n \n28 June 2013\nMorgan Sindall Group plc\n \nDisposal of PFI interest\n \n \n \nOn 27 June, in line with its strategy of recycling investments, Morgan Sindall Group plc sold its interest in the Miles Platting PFI social housing scheme for a net consideration of £8.4m, which is 38% in excess of the Directors' valuation, resulting in a net profit of £4.4m. \n \nThe disposal will be included in operating results for the six months ending 30 June 2013. \n \n \n \n \nNotes to editors\n \nMorgan Sindall Group plc is a leading UK construction and regeneration group with a turnover of £2 billion, employing around 6,400 employees and operating in the public and commercial sectors. It operates through five divisions of construction and infrastructure, fit out, affordable housing, urban regeneration and investments.\n \nThe Company will announce its half year results for the six months ending 30 June 2013, on 5 August 2013.\n \n \nEnquiries\n \nMorgan Sindall Group 020 7307 9200\nJohn Morgan, Chief Executive\nSteve Crummett, Finance Director\n \nBrunswick 0207 404 5959 \nJonathan Glass \nNina Coad\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISNKFDDABKKQAB\n "...