Michelmersh Brick Holdings PLC Sale of Dunton Brothers brickworks (6628J)
June 30 2017 - 2:00AM
UK Regulatory
TIDMMBH
RNS Number : 6628J
Michelmersh Brick Holdings PLC
30 June 2017
30 June 2017
Michelmersh Brick Holdings Plc
(the "Company" or "Michelmersh" or the "Group")
Sale of Dunton Brothers brickworks
Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick,
land development and landfill company, is pleased to announce that
it has completed on the sale of its former Dunton Brothers
brickworks at Chesham in Buckinghamshire, for a total consideration
of GBP2.68 million in cash. The net proceeds will be added to the
Group's cash reserves as previously announced.
Enquiries:
Michelmersh Brick Holdings
Plc
Frank Hanna, Joint CEO
Stephen Morgan, Finance 01825
Director 430 412
Cenkos Securities plc
Bobbie Hilliam (NOMAD)
Harry Pardoe 020 7397
Alex Aylen (Sales) 8900
07747
Yellow Jersey PR 788 221
07555
Charles Goodwin 159 808
Abena Affum
About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market
leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane,
Michelmersh and Hathern Terra Cotta. These divisions operate within
a fully integrated business combining the manufacture of clay
bricks, tiles and pavers. The Group also includes a landfill
operator, New Acres Limited, and seeks to develop future landfill
and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition
and organic growth into a profitable and asset rich business,
producing over 100 million clay bricks, tiles and pavers per annum.
Michelmersh currently owns most of the UK's premium manufacturing
brands and is a leading specification brick and clay paving
manufacturer.
Michelmersh strives to be a well invested, long term,
sustainable, environmentally responsible business. Opportunity,
training and security for all employees, whilst meeting the needs
of stakeholders are at the forefront of everything we do. We aim to
lead the way in producing some of Britain's premium clay products
and enhancing our environment by adding value to the architectural
landscape for generations to come.
We are Michelmersh Brick Holdings PLC: we are "Britain's Brick
Specialist".
Please visit the Group's websites at: www.mbhplc.co.uk and
www.bimbricks.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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