Investment Portfolio Update

RNS Number : 1887P

Guinness Peat Group PLC

29 September 2013

 



GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

Investment Portfolio Update

GPG announces today that it has sold its entire shareholding (33.6%) in TOWER Limited at a price of NZ$1.70 per share.

Transaction cash proceeds are expected to be approximately NZ$118.3m (£60.7m).

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: [phone]

30 September 2013

Enquiry details are:

New Zealand and Australian media:     Geoff Senescall on:          [phone]

UK media:                                                 Kevin Smith on:                [phone]

 

END

 

 

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