Diploma PLC
10 December 2003
FOR IMMEDIATE RELEASE
10 DECEMBER 2003
DIPLOMA PLC ANNOUNCES SALE OF PHASE 2 OF STAMFORD LAND
FOR £4.2M
Diploma PLC, the international specialised distribution group, has today
exchanged contracts on the sale of Phase 2 (7.9 acres) of the land in Stamford,
Lincolnshire. Proceeds of sale are £4.2m before expenses and the net book value
is less than £0.1m. The gain on sale, after expenses, will be subject to tax.
The transaction is expected to complete on 12 December 2003.
For further enquiries please contact:
Bruce Thompson, Chief Executive Officer 020 7638 0934
Nigel Lingwood, Group Finance Director 020 7448 4875
Ian Seaton, Bankside Consultants 020 7444 4157
Heather Salmond, Bankside Consultants 020 7444 4148
This information is provided by RNS
The company news service from the London Stock Exchange