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PPK GROUP LIMITED — Capital/Financing Update 2014
Oct 16, 2014
65603_rns_2014-10-16_6ca777fc-6a03-42e3-afda-26ff0623de87.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
FOR IMMEDIATE RELEASE TO THE MARKET
PPK Group Limited – ASX Code: PPK
PPK AUST. PTY LTD
Friday 17 October 2014
Sale of Arndell Park Property Settled
PPK Group Limited (ASX: PPK) has previously advised (ASX: 26/6/2014) that its Arndell Park property had been sold and is now pleased to confirm that the sale has settled. Funds from completion of the sale were utilised to reduce debt ($7.9M) and to increase cash reserves ($4.7M).
For further information contact:
Robin Levison Executive Chairman Tel: (07) 3054 4500
Peter Barker Chief Financial Officer Tel: (07) 3054 4500
PPK GROUP LIMITED
ABN: 65 003 964 181
Level 27, 10 Eagle St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 4599
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