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LPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Completes sale of an undeveloped plot of land for £1.7 million. The book value of the plot as at March 31 was ‘nil’. Says the proceeds will be recognised as an expectational gain in its full-year results. Plans to invest the net proceeds in the medium to long term to support its growth.
Current stock price: 79.00 pence, up 4.6% on Tuesday
12-month change: up 7.5%
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