Disposal of Freehold Property at Raunds
PHSC PLC has announced the disposal of its freehold property at Raunds for gross cash proceeds of approximately £191,000. The property, previously used by subsidiaries RSA Environmental Health Ltd and Quality Leisure Management Ltd, has become under-utilised due to changing working patterns and is no longer required for daily operations. This disposal will allow the company to reinvest capital into growth, capability, and operational development initiatives.
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PHSC (AIM: PHSC), a leading provider of health, safety and quality systems consultancy and training services and security solutions to the public and private sectors, is pleased to announce the disposal on 23 January 2026 of the group's freehold property at Unit 6, Blotts Barn, Brooks Road, Raunds, Northamptonshire, NN9 6NS (the "Raunds Office") for gross cash proceeds of approximately £191,000.
The Raunds Office has previously been used by the group's wholly owned subsidiaries, RSA Environmental Health Ltd and Quality Leisure Management Ltd. Following changes in working patterns since the pandemic, it has been under-utilised and is no longer required for day-to-day operations. Its disposal allows the Group to reinvest capital into areas that support growth, capability, and operational development.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019. On publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
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