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ANSELL LIMITED — Capital/Financing Update 2015
Mar 19, 2015
64385_rns_2015-03-19_e8c9a3ad-9862-4d83-82c0-289d8a71bdb2.pdf
Capital/Financing Update
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ASX
Announcement
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20 March 2015
Sale of Malaysian Property
Ansell Limited (ASX:ANN), a global leader in protection solutions, today announces that the sale of its Shah Alam property in Malaysia has been completed.
The net sale price was MYR84.0m (approximately US$22.7m) and the after tax profit on sale was MYR65.6m (approximately US$17.7m).
This one time gain was not included in Ansell’s EPS Guidance provided in August 2014 nor in the guidance reconfirmed on the 9[th] of February, 2015.
The closure of the Shah Alam plant was announced by the Company on 30 June, 2014 as part of a comprehensive reshaping of operations. The transfer of production and related capital investments at Ansell Medical facilities in Melaka Malaysia and Biyagama Sri Lanka is on track for completion in early F’16, as originally communicated.
ENDS
====================================================================================== For further information:
Investors & Analysts Australia David Graham, I.R. Tel: +(61) 3 9270 7215 / + (61) 4011 40749 [email protected] US Neil Salmon, CFO Tel: +(1) 732 345 5359 [email protected] Media Australia Andrew Stokes, FTI Consulting Tel: + (61) 2 8298 6114/ + (61) 416 967 038 [email protected] US Frank Mantero, Communications Tel: +(1) 732 345 2128 [email protected]
About Ansell
Ansell is a world leader in providing superior health and safety protection solutions that enhance human well-being. With operations in North America, Latin America/Caribbean, EMEA and Asia, Ansell employs more than 14,000 people worldwide and holds leading positions in the personal protective equipment and medical gloves market, as well as in the sexual health and well-being category worldwide. Ansell operates in four main business segments: Medical, Industrial, Single Use and Sexual Wellness. Information on Ansell and its products can be found at www.ansell.com.
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® and ™ are trademarks owned by Ansell Limited or one of its affiliates. © 2014 Ansell Limited. All Rights Reserved.
Ansell Limited, A.C.N. 004 085 330, Level 3, 678 Victoria Street, Richmond, Victoria 3121, Australia, Tel (+61 3) 9270 7270, F(+613) 9270 7300 www.ansell.com