Release date: 25 November 2013
Embargoed until: 07.00
CLS Holdings plc
("CLS", the "Company" or the "Group")
completes the acquisition of the outstanding Neo Portfolio leasehold interests
Further to the announcement made on 16 September 2013 regarding the acquisition of 34 UK properties for £118.6 million, CLS is pleased to confirm that it has received landlord's consent on, and subsequently completed the purchase of, the outstanding four long leasehold properties. The four properties comprised £12.75 million of the original purchase price, and income from them has accrued to CLS from the original date of purchase on 13 September 2013.
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For further information, please contact:
CLS Holdings plc +44 (0)20 7582 7766
Sten Mortstedt, Executive Chairman
Henry Klotz, Executive Vice Chairman
Richard Tice, Chief Executive Officer
Liberum Capital Limited +44 (0)20 3100 2222
Tom Fyson
Charles Stanley Securities +44 (0)20 7149 6000
Mark Taylor
Kinmont Limited +44 (0)20 7087 9100
Jonathan Gray
Smithfield Consultants (Financial PR) +44 (0)20 7903 0669
Alex Simmons