ASX ANNOUNCEMENT 23 June 2008
DIVESTMENT OF FINNIAN’S IRISH TAVERN
National Leisure & Gaming Limited (ASX:NLG) advises that
in accordance with the Company’s divestment policy, NLG has today exchanged sales contracts in relation to
Finnian’s Irish Tavern in Port Macquarie, NSW for $2.4 million.
NLG’s Managing Director, Andrew Jolliffe said today “The sale further consolidates the Company’s portfolio of properties and will assist in recalibration of the Company's debt to equity structure.”
The Company will continue to actively assess divestment opportunities in line with its strategy and divestment policy.
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