19 August 2014 – disposals
The group has disposed of two non-core businesses for £1.5m in cash with £0.8m is to be received immediately with the balance to be received over the next two years. The businesses sold were held as assets for sale in the last results and were valued at £1.5m, the amount to be received. The sales are in line with the group’s strategy of focusing on the core business of the group – BUY.