PSPI has exchanged conditional contracts to dispose of its three remaining properties to the Marseille Kliniken Group (MK) for an aggregate gross price of €10m. The sales were concluded at a small discount to the NAV at June 2015 (PSPI’s interim results). These disposals complete PSPI’s asset sale process and the net €5.3m (after repayment of debt, penalties and costs) will be added to the return of capital in due course. We forecast this to be at least 52p, our reinstat
10 Mar 2016
Disposal process complete
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Disposal process complete
- Published:
10 Mar 2016 -
Author:
Robert Sanders -
Pages:
2
PSPI has exchanged conditional contracts to dispose of its three remaining properties to the Marseille Kliniken Group (MK) for an aggregate gross price of €10m. The sales were concluded at a small discount to the NAV at June 2015 (PSPI’s interim results). These disposals complete PSPI’s asset sale process and the net €5.3m (after repayment of debt, penalties and costs) will be added to the return of capital in due course. We forecast this to be at least 52p, our reinstat