FORM 6-K
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Rule 13a
- 16 or 15d - 16 of
The Securities and Exchange Act of 1934
For the Month of July, 2004
HANSON PLC
(Translation of registrant's name into English)
1 Grosvenor Place, London, SW1X 7JH, England
(Address of principal executive office)
[Indicate by check mark whether
the registrant files or will file annual reports under cover Form
20-F or Form 40F.]
Form 20-F X Form 40-F
[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
July 19, 2004
Hanson announces sale of operations in Thailand
Hanson PLC, the international heavy building materials company, today announced
that it has signed an agreement with Boral Limited to sell Hanson's interest in
its operations in Thailand for approximately US$45 million (GBP24m). The
consideration is payable in cash and will be subject to completion adjustments.
Completion is anticipated to occur at the end of July 2004.
In the 12 months to December 31, 2003, ready-mixed concrete shipments from these
operations totalled 1.4 million cubic metres and aggregates production was 2.2
million tonnes.
The disposal is in line with Hanson's objective of focusing predominantly on
aggregates whilst having ready-mixed concrete operations where there is
strategic benefit as a fixed outlet for aggregates.
Commenting on the disposal, Alan Murray, Chief Executive of Hanson PLC, said: "
Hanson's presence in Thailand consisted mainly of ready-mixed concrete
operations. Our aim is to focus our management resources and future investment
on aggregates and building products in our core markets."
Further information on Hanson can be found at www.hanson.biz
Inquiries:
Justin Read
Hanson PLC
Tel: +44 (0) 20 7245 1245
Notes:
- Hanson is one of the world's leading heavy building materials companies.
It is the largest producer of aggregates - crushed rock, sand and gravel -
and one of the largest producers of concrete products, clay bricks and
ready-mixed concrete in the world. Its other principal products include
asphalt and concrete roof tiles and its operations are in North America,
the UK, Australia, Continental Europe and Asia Pacific.
- Hanson operates an e-mail distribution service for press releases and other
corporate information. Registration for this service, which includes e-mail
alerts two days prior to results announcements and publication of company
reports, is via its website (www.hanson.biz)..
- High-resolution Hanson images are available to download from Hanson's
website and from www.newscast.co.uk..
SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorised.
HANSON PLC
By:
/s/ Graham Dransfield
Graham Dransfield
Legal Director
Date: July 19, 2004