28 / 06 / 2013

On 27 June, in line with its strategy of recycling investments, Morgan Sindall Group plc sold its interest in the Miles Platting PFI social housing scheme for a net consideration of £8.4m, which is 38% in excess of the Directors’ valuation, resulting in a net profit of £4.4m.

The disposal will be included in operating results for the six months ending 30 June 2013.