Alumasc Group PLC
24 April 2007
Tuesday 24 April 2007
THE ALUMASC GROUP PLC
Property Disposal
Alumasc, the premium building and engineering products company, announces the
sale of its property, previously occupied by two former subsidiaries, at
Cartbridge Lane, Walsall for £2.3 million after costs - a surplus over book
value of £0.9 million.
This was the larger of two vacant properties held for sale in Alumasc's mid-year
accounts at 31 December 2006, with a combined book value of £2.4 million. The
second property, at Middlemore Industrial Estate, Handsworth, Birmingham,
vacated following the closure of Copal in 2006, is currently being marketed.
Enquiries:
The Alumasc Group plc 01536 383844
Paul Hooper (Chief Executive) info@alumasc.co.uk
Andrew Magson (Finance Director)
Bankside Consultants Limited
Charles Ponsonby 020 7367 8851
charles.ponsonby@bankside.com
This information is provided by RNS
The company news service from the London Stock Exchange
FID
Property Disposal
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