Source - RNS
RNS Number : 6628J
Michelmersh Brick Holdings PLC
30 June 2017
 

30 June 2017

Michelmersh Brick Holdings Plc

(the "Company" or "Michelmersh" or the "Group")

 

Sale of Dunton Brothers brickworks

 

Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick, land development and landfill company, is pleased to announce that it has completed on the sale of its former Dunton Brothers brickworks at Chesham in Buckinghamshire, for a total consideration of £2.68 million in cash. The net proceeds will be added to the Group's cash reserves as previously announced.

 

Enquiries:

 

Michelmersh Brick Holdings Plc

Frank Hanna, Joint CEO

Stephen Morgan, Finance Director

 

01825 430 412

Cenkos Securities plc

Bobbie Hilliam (NOMAD)

Harry Pardoe

Alex Aylen (Sales)

020 7397 8900

Yellow Jersey PR

Charles Goodwin

Abena Affum

07747 788 221

07555 159 808

 

 

About Michelmersh Brick Holdings PLC:

Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks, tiles and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.

 

Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 100 million clay bricks, tiles and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.

 

Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come.

 

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

 

Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com

 

 


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