BRIEF-C.Banner International Announces Disposal Of Entire Issued Share Capital Of Hamleys Global

Reuters

14 May 2019 at 10:08 am

May 14 (Reuters) - C.Banner International Holdings Ltd :

* ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LIMITED

* APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES ON STOCK EXCHANGE FROM 9:00 A.M. ON MAY 15

* RELIANCE BRANDS LTD SHALL PAY TO CO £34.3 MILLION FOR ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LTD

* DISPOSAL IS CURRENTLY EXPECTED TO RECORD A LOSS OF ABOUT £1.0 MILLION (ABOUT HK$10.2 MILLION) Source text for Eikon: Further company coverage:

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