Fieldbury Plc

 

 Fieldbury Plc is pleased to confirm that it has completed the disposal of Dixie Sales Company Inc., originally announced on 9th July 2009, for a principal consideration comprising; the effective cancellation of 40% of the Group’s ordinary shares and a cash consideration of $500,000. 

Harold Reiter, Edward Barrett and William Barrett have resigned as directors of Fieldbury following the disposal.

 

Following this disposal, Fieldbury has now become an Investing Company under the AIM rules, with the proposed strategy to acquire or take a controlling interest in a company or business involved primarily in the following sectors: renewables, alternative energy, environmental or consumer and financial services markets.