REG - Real Good Food PLC - Property sale and Change of Registered Office

Real Good FoodAnnouncement

30/05/2022 13:15

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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 £0.9m and a very small loss on disposal of
less than £0.1m.  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 (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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