Discussions for Sale of Avionics Subsidiary
28 Luglio 2010 - 10:55AM
UK Regulatory
TIDMCMG
RNS Number : 0573Q
Croma Group PLC
28 July 2010
Croma Group PLC
Discussions for sale of avionics subsidiary
The Board of Croma Group PLC (the "Company") announces that it is in discussions
for the sale of its avionics subsidiary, RDDS Avionics Limited. The discussions
reflect a Board decision to target the facilities services sector as the engine
for the Company's future growth, primarily based upon the continuing success of
the Company's asset protection subsidiary, Vigilant Security, in expanding its
spread of clients and contracts.
A further announcement will be made when appropriate.
Enquiries to:
+---------------------------------+---------------------------------+
| Croma Group PLC | |
| Sebastian Morley, CEO | Tel: 07768 006909 |
| | |
+---------------------------------+---------------------------------+
| Brewin Dolphin: | |
| Sandy Fraser (Corporate | Tel: 0845 213 2072 |
| Finance) | |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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