TIDMDBAY

RNS Number : 8247D

Douglasbay Capital PLC

29 March 2011

29 March 2011

DouglasBay Capital plc (the "Company")

Completion of the sale of Laxey Logistics Ltd

As indicated on 22 March 2011 the Company is pleased to announce the completion of the sale of Laxey Logistics Ltd to Norbert Dentressangle.

For more information, please contact:

DouglasBay Capital plc 01624 690 900 Alex Paiusco, Chief Executive Peel Hunt LLP, Nominated Adviser and Broker 020 7418 8900 Guy Wiehahn

This information is provided by RNS

The company news service from the London Stock Exchange

END

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