Latham(James) PLC
23 November 2007
This announcement replaces the version released at 15:16 under RNS number 4106I
replacing £4,250,000 with £5,250,000.
James Latham Plc
The Company is pleased to announce that it has purchased the freehold interest
in Units 1 to 4, Swallow Park, Hemel Hempstead, 43,500 square foot offices and
warehouse that it occupies for a cash consideration of £5,250,000 payable on
completion. The units had previously been leased at a cost of £326,100 per
annum and were subject to a review which would have been effective from June
2006. It secures the future of the Company's head office and trading operation
and completes the programme of relocation from the site in Clapton to three
owned sites at Hemel Hempstead, Thurrock and Purfleet.
Enquiries:
Peter Latham, Chairman Tel: 01442 849 100
David Dunmow, Finance Director Tel: 01442 849 100
Blue Oar Securities Plc
Mike Coe, Director, Corporate Finance Tel: 0117 933 0020
This information is provided by RNS
The company news service from the London Stock Exchange