Sinclair (William) Holdings PLC Settlement Payment Received (3754N)

TIDMSNCL

RNS Number : 3754N

Sinclair (William) Holdings PLC

25 July 2014

WILLIAM SINCLAIR HOLDINGS PLC

("the Company")

SETTLEMENT PAYMENT RECEIVED

In the Company's Interim results announced on 30 June 2014 shareholders were informed that a total compensation settlement of GBP21.25 million had been reached over the buy-out of the Company's land interests and peat extraction rights at Bolton Fell and the resultant closure of the factory at the site.

The Company confirms that the final balance payment of GBP12.25 million was received today.

Enquiries:

www.william-sinclair.co.uk

 
 William Sinclair Holdings     Tel: 01522 
  PLC                           537561 
 Peter Rush, Chief Executive 
 Peter Williams, Finance 
  Director 
 Mark Way, Corporate           Tel: 07786 
  Communications                116991 
 
 
 WH Ireland Limited 
 Andrew Kitchingman   Tel: 0113 
                       394 6600 
 Nick Field           Tel: 0207 
                       220 1666

This information is provided by RNS

The company news service from the London Stock Exchange

END

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