RNS Number : 3310C
  Sinclair (William) Holdings PLC
  29 August 2008
   

    29 August 2008
    WILLIAM SINCLAIR HOLDINGS PLC
    ("William Sinclair" or "the Company")
    Comment regarding the Company's Bolton Fell Facility

    William Sinclair Holdings Plc is one of the UK's leading producers of commercial horticulture and branded garden products. The Company
provides peat based and non peat growing media and fertiliser products to the retail and commercial sectors.

    William Sinclair has been informed by Natural England that DEFRA has confirmed the decision that the bog at Bolton Fell in Cumbria, from
which the Company harvests approximately 30% of its peat requirement, has been submitted to the EU as a Special Area for Conservation (SAC).
 

    The submission is part of the UK government fulfilling its obligation under the Habitats Directive.

    William Sinclair confirms they have had discussions with Natural England regarding this issue and that negotiations about levels of
compensation are on-going. The Company employs over 100 people at the Bolton Fell site. 

    A further announcement will be made to shareholders in due course. 

    - Ends -

    Enquiries

    William Sinclair Holdings Plc            Tel: 01522 537561
    Bernard Burns, Chief Executive
    Peter Williams, Finance Director

    Arbuthnot Securities                         Tel: 020 7012 2000
    Alastair Moreton
    Alasdair Younie

    Madano Partnership                        Tel: 020 7593 4000
Dominic Barretto
    www.madano.co.uk

    About William Sinclair
    William Sinclair's well established brands include J Arthur Bower's, Silvaperl and New Horizon - the leading brand in the fast growing
peat free garden compost and organic plant foods sector. 

    William Sinclair's customers include national accounts such as Wyevale, Wilkinson, Tesco, Homebase and B&Q as well as an extensive range
of independent garden centres. The Company has strong asset backing, is profitable and is quoted on the Alternative Investment Market.

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

William Sinclair (LSE:SNCL)
Historical Stock Chart
From Jul 2024 to Jul 2024 Click Here for more William Sinclair Charts.
William Sinclair (LSE:SNCL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more William Sinclair Charts.