Brief: Birmingham Sports Says Agreed To Sell 24% Issued Share Capital Of Birmingham City
09/05/2023 02:24
May 9 (Reuters) - Birmingham Sports Holdings 2309.HK :
* CO AGREED TO SELL 24% ISSUED SHARE CAPITAL OF BIRMINGHAM
CITY
* AGREED TO SELL 32% OF AGGREGATE AMOUNTS OWING BY
BIRMINGHAM CITY
TO CO
* APPLICATION MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN SHARES ON STOCK EXCHANGE FROM 9 AM, 9 MAY
* CONSIDERATION FOR DISPOSAL IS APPROXIMATELY 5.3 MILLION
POUNDS
* EXPECTED THAT THERE WILL BE A GAIN BEFORE TAX OF HK$27.5
MILLION
FROM DISPOSAL
Source text for Eikon: ID:nHKS8N4lSm
Further company coverage: 2309.HK
((Reuters.Briefs@thomsonreuters.com;))
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