WESTERN SELECTION PLC - Disposal of Holding in Creston plc ("Creston")
12 Juni 2015 - 11:45AM
PR Newswire (US)
12 June
2015
Western Selection
P.L.C.
(the ‘Company’)
Disposal of
Holding in Creston plc (“Creston”)
The Company announces that on 11 June
2015 it sold its entire holding of 3,000,000 shares in
Creston, one of the Company’s core holdings, at a price of
135 pence per share. The sale value
represents an uplift on the value published in the Company’s
31 December 2014 interim accounts of
£210,000. The cash proceeds will be retained for investment
in future core holdings.
The Company received dividends of £121,500 from Creston in the
12 month period prior to sale.
Enquiries:
Western Selection P.L.C.
Telephone: 020 7796 9060
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