10 December 2018
Rasmala PLC
('Rasmala' or the 'Company')
Company update
The Company notifies that it is currently in negotiations to dispose of a non‐core asset which generated a net profit of £0.5 million in the year to 31 December 2017. Whilst there is no certainty of the outcome, a disposal would be expected to generate a profit in excess of £2 million. The sale proceeds would be re‐invested into operations.
Enquiries:
Rasmala PLC | Tel: +44 (0)20 7847 9900 |
Zak Hydari, CEO | |
Stockdale Securities | Tel: +44 (0)20 7601 6100 |
Antonio Bossi / David Coaten |
Attachments
- Original document
- Permalink
Disclaimer
Rasmala plc published this content on 12 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 December 2018 17:09:03 UTC