Disposal and Results Date
November 30 2006 - 2:02AM
UK Regulatory
RNS Number:9573M
Food & Drink Group (The) PLC
30 November 2006
The Food & Drink Group PLC
("FDG" or "The Group")
Disposals and Results Date Notification
Disposals
The Food & Drink Group PLC announces that it has exchanged contracts for the
disposal of its one remaining restaurant, Canyon in Richmond, for gross
consideration of #1.2m, to be satisfied in cash at completion on 2 January 2007.
The Group also announces that it completed the disposal of its site in Camden
for #0.2m.
These two disposals will give rise to a profit on disposal of around #0.5m.
The sales proceeds will be used to fund the on-going expansion of the Group's
core bar business.
Results announcement
The Food & Drink Group PLC will be announcing its preliminary results for the 52
weeks ending 23 September 2006 on Thursday, 7 December 2006.
30 November 2006
ENQUIRIES
The Food & Drink Group PLC Tel : 020 7349 4440
Stephen Thomas, Chairman
James Kowszun, Chief Executive
College Hill Tel: 020 7457 2020
Justine Warren
Jamie Ramsay
This information is provided by RNS
The company news service from the London Stock Exchange
END
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