TIDMRGD

RNS Number : 2700N

Real Good Food PLC

30 May 2022

30 May 2022

Real Good Food plc

("RGF" or "Group")

Property Sale

Change of Registered Office

RGF plc is pleased to announce that it has completed the sale of its Wavertree property to Tutum Property Limited. The property was purchased in August 2015 and housed the Renshaw Academy until August 2019. Since then it has been used as the New Product Development Centre and by Renshaw's marketing team. The property was vacated in March 2022 when the New Product Development and Marketing teams were relocated onto the Renshaw's main manufacturing site at Crown Street, Liverpool. The sale of the property generated net cash proceeds of GBP0.9m and a very small loss on disposal of less than GBP0.1m. The proceeds will be utilised to reduce the Group's indebtedness.

Following the disposal, the new registered address of Real Good Food plc, JF Renshaw Limited and Rainbow Dust Colours Limited is now 229 Crown Street, Liverpool, L8 7RF.

Enquiries:

 
Real Good Food plc                                   Tel: 0151 541 3790 
 Mike Holt, Executive Chairman 
 Maribeth Keeling, Group Finance Director 
 
finnCap Limited (Nomad and Broker)                   Tel: 020 7220 0500 
 Carl Holmes / James Thompson (Corporate 
 Finance) 
 
MHP Communications (Financial PR)                    Tel: 020 3128 8793 
 Reg Hoare                                                 rgf@mhpc.com 
 
  About Real Good Food 
  Real Good Food plc is a food manufacturing business serving 
  several market sectors including retail (own label and private 
  label), manufacturing and export through its two trading companies; 
  JF Renshaw and Rainbow Dust Colours. http://www.realgoodfoodplc.com 
 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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END

CROSDDFESEESESI

(END) Dow Jones Newswires

May 30, 2022 08:15 ET (12:15 GMT)

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