Portmeirion Group PLC
05 July 2005
PORTMEIRION GROUP PLC
SITE DISPOSAL
Portmeirion Group PLC has previously referred to the consolidation of its
manufacturing operations from two sites onto one to improve efficiency and
reduce costs while maintaining current production levels. The Group is pleased
to announce that, following the successful completion of this project, the sale
of the redundant manufacturing site has now been completed. The 1.9 acre site,
situated in Longton, Stoke-on-Trent, together with buildings and equipment not
required for ongoing manufacturing was sold for £700,000 in cash. The sale will
result in an exceptional gain of approximately £200,000.
For further information please contact:
Arthur Ralley, Chairman
Brett Phillips, Group Finance Director
Tel: (01782) 744721
This information is provided by RNS
The company news service from the London Stock Exchange

