M.P. EVANS GROUP PLC — Regulatory Filings 2015

Nov 5, 2015

National Storage Mechanism | Additional information

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RNS Number : 7235E

M. P. Evans Group PLC

05 November 2015

M.P. EVANS GROUP PLC

("Group" or "M.P. Evans")

SALE OF WOODLANDS

The board is pleased to announce that, further to the announcement on 15 September 2015 regarding the conditional sale of Woodlands, the Group's Australian cattle-fattening property, for the sum of A$28 million (approximately US$20 million), to the Chinese Fucheng Group, all the conditions have now been satisfied.  Accordingly, settlement of the contract, for cash, is now due to occur by 18 November 2015.

As referred to in the announcement of 15 September 2015, the cattle and the plant and equipment on the property, with a combined value of over A$10 million (approximately US$7 million), are in the course of being sold separately.

5 November 2015

Enquiries:

M.P. Evans Group PLC	Telephone: 01892 516333
Peter Hadsley-Chaplin
Philip Fletcher
Tristan Price
Peel Hunt LLP	Telephone: 020 7418 8900
Dan Webster
Richard Brown
Hudson Sandler	Telephone: 020 7796 4133
Charlie Jack
Katie Matthews
Bertie Berger

This information is provided by RNS

The company news service from the London Stock Exchange

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