Sale of Property
September 11 2003 - 10:38AM
UK Regulatory
RNS Number:6651P
Entertainment Rights PLC
11 September 2003
ENTERTAINMENT RIGHTS PLC
Sale of Property
Entertainment Rights Plc. one of the UK's leading media groups specialising in
the ownership of high quality children's and family programming, characters and
brands, announced today that it has sold the freehold property that was acquired
as part of the acquisition of Link Licensing. The building was sold for #805,000
and delivered a net cash benefit after selling costs and the repayment of
borrowings of #470,000. The property had a book value of #763,000.
Enquiries
Elizabeth Gaines,
Finance Director
Entertainment Rights PLC Tel: 020 8762 6200
Tim Spratt/Michelle Morton
Financial Dynamics Tel: 020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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