REG - Norcros PLC - Completion of Surplus Legacy Freehold Disposal <Origin Href="QuoteRef">NXR.L</Origin>

NorcrosAnnouncement

02/03/2015 15:32

RNS Number : 2861G
Norcros PLC
02 March 2015
2 March 2015
("Norcros", the "Group" or the "Company")
Completion of disposal of entire surplus legacy freehold portfolio
Further to its announcement of 24 December 2014 regarding the unconditional agreement to sell its entire portfolio of surplus legacy freehold properties to Clowes Developments (UK) Ltd for 6.5m cash, Norcros is pleased to announce that the sale has completed today as planned.
ENQUIRIES:
Norcros plc
Tel: 01625 547 700
Nick Kelsall, Group Chief Executive 

Martin Payne, Group Finance Director



Hudson Sandler
Tel: 0207 796 4133
Nick Lyon

Charlie Jack

Katie Matthews

Notes to Editors
 Norcros is a leading supplier of high quality and innovative showers, taps, bathroom accessories, ceramic wall and floor tiles and adhesive products with operations in the UK and South Africa. 
 Based in the UK, Norcros operates under four brands:
 Triton Showers - Market leader in the manufacture and marketing of showers in the UK 
 Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves
 Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK
 Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products
 Based in South Africa, Norcros operates under three brands: 
Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives
Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles
TAL - The leading manufacturer of ceramic and building adhesives
 Norcros is headquartered in Wilmslow, Cheshire and employs around 1750 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com/

This information is provided by RNS
The company news service from the London Stock Exchange
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