Quadnetics Group plc
26 November 2007
Completion of sale and leaseback
Quadnetics Group plc is pleased to confirm the completion of the sale
and leaseback of the new building acquired in March 2007 to
accommodate the growth and consolidation of Synectics' activities in
Sheffield. The net proceeds of £2.1 million, equal to the building's
cost, will be retained within the Group for working capital.
Further information:
Quadnetics Group plc 01527 850080
Nigel Poultney, Finance Director
Brewin Dolphin 0845 2708612
Neil Baldwin
ENDS
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