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

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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