Coats Group PlcLSE: COA

Disposal of shares in Daniel Thwaites PLC

· Issued by Coats Group Plc
RNS Number : 7793H
Guinness Peat Group PLC
16 July 2012
 

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

Announcement

Disposal of shares in Daniel Thwaites PLC

GPG announces that it has sold its remaining 5,951,403 shares in Daniel Thwaites PLC, a PLUS-quoted company in the UK, on an ex-dividend basis.  The proceeds net of broker commission were £4,875,269.  In addition, GPG will receive £199,967 in the form of a dividend payment. 

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

16 July 2012

Enquiry details are:

New Zealand and Australian media:           Geoff Senescall on:   +64 9 309 5659

UK media:                                            Kevin Smith on:        +44 20 7282 1054


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISGGUMGMUPPGAQ