Disposal of investment
November 07 2005 - 7:05AM
UK Regulatory
Innobox Plc (the "Company")
7 November 2005
Disposal of Investment
The Company announces that it sold its remaining holding of 410,002 ordinary
shares in AeroBox Plc ("AeroBox") at a price of 8.25 pence per share on 4
November 2005. In the Company's report and accounts for the year ended 30 April
2005, the Company's shareholding in AeroBox was valued at 8.32 pence per share.
Therefore, this disposal represents a small loss on disposal of �287.
The funds raised from the disposal will be used to develop further the
Company's strategy in the hotels and licensed premises sector.
Enquiries:
Arthur Baker 07850 276928
Chief Executive, Innobox Plc arthur@innobox.co.uk
David Simmons 0161 838 9140
Westhouse Securities LLP david.simmons@westhousesecurities.com
END
Innobox (LSE:INO)
Historical Stock Chart
From Sep 2024 to Oct 2024
Innobox (LSE:INO)
Historical Stock Chart
From Oct 2023 to Oct 2024