Genus PLC
04 October 2007
For Immediate Release 4 October 2007
Genus plc
Disposal of SyAqua Mexico
Genus plc, a world leading animal genetics company, is pleased to announce the
disposal of its SyAqua Mexico shrimp business for a total consideration of $2.6m
(£1.3m) in cash.
For the year ended 30 June 2007, SyAqua Mexico generated turnover of £2.4m and
an operating profit of £0.5m with net assets of £0.8m.
Commenting on the disposal Richard Wood, Chief Executive, said 'We are
continuing to implement our strategy for non-core business disposals, and the
three SyAqua shrimp businesses in Brazil, Thailand and Mexico have now been
sold.'
For further information please contact:
Genus plc Tel: 01256 345970
Richard Wood, Chief Executive
Martin Boden, Finance Director
Buchanan Communications Tel: 020 7466 5000
Charles Ryland / Suzanne Brocks
This information is provided by RNS
The company news service from the London Stock Exchange

