No-9951J-Company Update

Download PDF

10 December 2018

Rasmala PLC
(“Rasmala” or the “Company”)
Company update

The Company notifies that it is currently in negotiations to dispose of a non‐core asset which generated a net profit of £0.5 million in the year to 31 December 2017. Whilst there is no certainty of the outcome, a disposal would be expected to generate a profit in excess of £2 million. The sale proceeds would be re‐invested into operations.

Enquiries:

Rasmala PLC

Tel: +44 (0)20 7847 9900

Zak Hydari, CEO

Stockdale Securities

Tel: +44 (0)20 7601 6100

Antonio Bossi / David Coaten