Photo-Me International Completes Sale Of Head Office Site In Surrey

LONDON (Alliance News) - Photo-Me International PLC said on Monday the sale of its head office ...

Alliance News 17 July, 2017 | 3:25PM
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LONDON (Alliance News) - Photo-Me International PLC said on Monday the sale of its head office buildings in Bookham, Surrey is now complete.

Photo-Me operates and sells instant services, primarily aimed at the consumer market.

The freehold was sold to Shanly Homes Limited for a consideration of GBP2.5 million and has a book value of 0.1 million, generating a profit on the sale of approximately 2.4 million.

Still in Surrey, the company is now registered in Longmead Industrial Estate, Epsom.

Shares in Photo-Me were down 0.5% at 156.25 pence Monday afternoon.

By Angus Harrison; angusharrison@alliancenews.com.

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Photo-Me International PLC 159.00 GBX 0.79 -
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