WESTERN SELECTION PLC - Holding(s) in Company
July 14 2015 - 3:58AM
PR Newswire (US)
14 July
2015
Western Selection
P.L.C.
(the ‘Company’)
Acquisition of
Holding in Bilby Plc (“Bilby”)
The Company announces that it has acquired 1,875,000 shares
under Bilby’s share placing, the details of which were recently
announced by Bilby, at a price of 80
pence per share, for a total cash consideration of
£1,500,000. Following the purchase of these shares, the Company
will have an interest of 5.5% in Bilby’s issued share capital.
Bilby was formed in 2014 to acquire businesses in the gas and
general building services industries. The Group’s strategy is to
create an organisation that will meet the continued demand for high
quality improvement and maintenance services in public sector
housing.
Bilby’s shares are traded on AIM and further information about
Bilby can be obtained from the company’s website at
www.bilbyplc.com.
Enquiries:
Western Selection P.L.C.
Telephone: 020 7796 9060
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