Hargreaves Services (HSP)
Hargreaves Services notes sale of Hatfield Colliery
Hargreaves Services has noted the sale of the business and assets of Hatfield Colliery Limited to Hatfield Colliery Partnership Limited, a company ultimately owned and controlled by an employee benefit trust. This transaction sees the ultimate equity ownership of the mine transfer from ING Bank to a trust run for the benefit of the employees. Hargreaves has assisted in the restructure by, among other things, entering into a new contract with HCPL on substantially the same terms as the existing off-take contract, which had approximately one year left to run. Hargreaves has also entered into a further off-take contract that extends into the second half of 2015.
Open a free research account
|Bid / Ask||337 / 345|
|Day Range||339.2475 / 340.608|
|52Week Range||185.50 / 385.00|
|Last Update: 12:25:53 (20/09/17)|