Disposal

K3 Business Technology Group PLC 26 September 2002 K3 Business Technology Group plc is pleased to announce that it has disposed of Touchline Network Television Limited, a wholly owned subsidiary, to J Myers for a cash consideration of £13,000 approximately equivalent to the net asset value of the business. The proceeds will be applied to reduce the group's borrowings. During the six months ended 30 June 2002, Touchline made an operating loss before amortisation of goodwill of £137,000 recognised in the group's profit of £220,000. This information is provided by RNS The company news service from the London Stock Exchange
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