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Adams PLC - Disposal

RNS Number : 9624S
Adams PLC
06 October 2017
 

Adams plc

("Adams" or the "Company")

Disposal

 

The Directors announce that, on 5 October 2017, Adams sold a holding of 68,753 ordinary shares of €0.01 in GVC Holdings plc on the Main Market of the London Stock Exchange at a price of 850 pence per share for a total cash consideration of £584,400. Following this disposal, the Company will have cash balances of approximately £660,000.  The Directors intend to reinvest the proceeds of the disposal in accordance with the Company's Investing Policy.

 

Enquiries:

 

Adams plc


Mike Bretherton

Tel: +44 1534 719 761



Nomad


Cairn Financial Advisers LLP


Sandy Jamieson, James Caithie

Tel:  +44 207 213 0880



Broker


Peterhouse Corporate Finance Limited


Lucy Williams, Duncan Vasey

Tel:  +44 207 469 0930

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Adams PLC

Price: 5

Market: AIM
Market Cap: £4.13 m
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