- The company has announced that the transaction the sale of its Jaguar Land Rover motor vehicle dealership in Newport Beach, California was completed on 23 December 2019.
- The company had made the announcement on 02 May 2019 concerning the disposal of certain dealerships.
- The transaction was done after the fulfilment of all closing conditions with the total proceeds for the company valued at £31.1million and is in line with its strategy of disposing of its US Motor Group.
- On 24th December 2019, at the time of writing, GMT 08:09 AM, PDG shares were trading at GBX 12.66, unchanged against the previous day closing price.
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