Completion of the sale of Education Division


 

TIDMHVX 
 
RNS Number : 8611I 
Huveaux PLC 
19 March 2010 
 

                                  Huveaux plc 
                          ("Huveaux" or the "Company") 
 
                  Completion of the sale of Education Division 
 
Further to the announcement on 4 March 2010, the board of Huveaux is pleased to 
confirm that it has today completed the sale to Harper Collins Publishers 
Limited of the entire share capital of Letts Educational Limited and Leckie & 
Leckie Limited and of the business and assets of Lonsdale (together the 
"Education Division") for a cash consideration of GBP10.0 million. 
The preliminary statement of audited results for the year ended 31 December 2009 
will be released on 22nd March 2010. 
Enquiries: 
 
+-------------------------------+-------------------------------+ 
| Fortress plc                  | Telephone                     | 
| Kevin Hand                    | 020 7811 5026                 | 
| Non-Executive Chairman        |                               | 
| Gerry Murray                  |                               | 
| Chief Executive Officer       |                               | 
| Rupert Levy                   |                               | 
| Group Finance Director        |                               | 
|                               |                               | 
+-------------------------------+-------------------------------+ 
 
+-------------------------------+-------------------------------+ 
| KPMG Corporate Finance        | Telephone                     | 
| (financial adviser)           | 020 7311 1000                 | 
| David Elms                    |                               | 
| Susan Walker                  |                               | 
+-------------------------------+-------------------------------+ 
 
+-------------------------------+-------------------------------+ 
| Brewin Dolphin Limited        | Telephone                     | 
| (nominated adviser)           | 0845 213 2072                 | 
| Sandy Fraser                  |                               | 
+-------------------------------+-------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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