Disposal

Dickinson Legg Group PLC 28 March 2006 Dickinson Legg Group plc ('DLG'), announces that it has completed the sale of Spooner Industries Limited and Spooner Inc, its air drying equipment subsidiaries, for a consideration of £310,000 payable in cash. Spooner reported an operating loss before exceptional items of £481,000 on turnover of £9.26 million for the year ended 30 June 2005. In addition, following the first closing date of the recommended mandatory offer by European Tobacco Development S.A. for DLG which was at 1p.m. yesterday, Barry Stephenson and Tom Mackie have resigned, as agreed, as Directors of DLG with immediate effect. This information is provided by RNS The company news service from the London Stock Exchange
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