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(Sharecast News) - PHSC said on Monday that it has completed the disposal of its freehold property at Raunds, Northamptonshire, for gross cash proceeds of about 191,000, with the sale completing on 23 January.
The AIM-traded group said the property at Unit 6, Blotts Barn, Brooks Road had previously been used by its wholly-owned subsidiaries RSA Environmental Health and Quality Leisure Management, but had become underused following changes in working patterns since the pandemic and was no longer required for day-to-day operations.
It said the disposal would allow it to reinvest capital into areas that support growth, capability and operational development.
At 0848 GMT, shares in PHSC were down 8.2% at 9.18p.
Reporting by Josh White for Sharecast.com.
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