SCY
03/07/2015 13:22
GENERAL
NOT PRICE SENSITIVE
REL: 1322 HRS Smiths City Group Limited
GENERAL: SCY: Smiths City Group Limited (SCY) - Colombo Street
3rd July 2015
NZX Market Release
Smiths City Group Limited (SCY) - Colombo Street Property
Further to our full year announcement to the market, we have engaged Colliers
International to investigate market interest in the Colombo Street property,
including the possible sale and leaseback of the property. Any sale or action
resulting from this initiative would ultimately be subject to shareholder
approval of Smiths City as a material transaction of Smiths City Group.
The location remains a core strategic store for SCY and there are no plans to
relocate from the site.
For further information, please contact the undersigned.
Announcement authorised by:
Roy Campbell
Chief Executive Officer
Smiths City Group Limited
DD (03) 983 3000
Mob 027 2239 574
End CA:00266593 For:SCY Type:GENERAL Time:2015-07-03 13:22:42