HSS announces that it has entered into an unconditional agreement to sell Laois Hire Services Limited (“Laois”), the Group’s Irish large plant hire business, to Briggs Equipment Ireland Limited (“Briggs”), for a cash consideration of €11.2 million (the “Disposal”).
Majestic Wine PLC (“Majestic”, the “Group” or the “Company”) today announces that it has entered into an agreement to sell Majestic Wine Warehouses Limited (“MWWL”) and Les Celliers de Calais S.A.S. (“LCDC”), which together comprise the Majestic Retail and Commercial businesses (“Majestic Retail and Commercial”) to CF Bacchus Holdings Limited (“BidCo”), a vehicle controlled by funds managed by Fortress Investment Group LLC, for a total consideration of £95m (the “Disposal”).
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, advises that it has today sold its 50% interest in the Strawn Production Facilities and Lease to Eagle Natural Resources LLC.
Pressure Technologies (AIM: PRES), the specialist engineering group, is pleased to announce that further to its update on 28 May 2019 it has now completed the sale of its wholly-owned subsidiary, PT Biogas Holdings Limited, which is the holding company for the Group’s Alternative Energy Division, to Creation Capital Corp (TSX-V: CRN.P), a capital pool company listed on the TSX Venture Exchange, for an aggregate price of £11.1 million.
Itaconix (AIM: ITX), a leading innovator in sustainable specialty polymers, announces the sale of its holdings in Alkalon A/S, a privately-held Danish nicotine gum company.
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, is pleased to announce that it has exchanged conditional contracts with Bellway Homes Limited for the sale of 10.75 acres of serviced residential development land at its key Blindwells site near Edinburgh.
Eden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, is pleased to announce that its commercial partner, Eastman Chemical Company, has made its first sales of Cedroz™ following the recent receipt of “emergency” authorisation by the Italian authorities.
Strategic Minerals plc (AIM: SML), a producing mineral company actively developing projects prospective for battery materials, is pleased to announce that the Leigh Creek Copper Mine operation has made its first sale of copper cement produced at the Mountain of Light processing facility.
Sound Energy, the Moroccan focused upstream gas company, provides an update on its negotiations of a Gas Sales Agreement for the Company’s gas resources in the Tendrara production concession in Eastern Morocco.
Inland Homes plc, the specialist brownfield land development and housebuilder with a focus on the South and South East of England, is pleased to provide an update on its site at West Cliff Road (formerly Wessex Hotel), Bournemouth.