News: ENN Elanor Investors Group To Close John Cootes Furniture Business

Aug 13 (Reuters) - Elanor Investors Group (ENN) :

• ELANOR HAS NOW DECIDED TO COMMENCE AN ORDERLY CLOSURE OF JOHN COOTES FURNITURE BUSINESS
• EXPECTED THAT ALL JCF STORES WILL BE CLOSED BY END OF CALENDAR YEAR
• ELANOR INVESTORS - REAFFIRMS FORECAST DISTRIBUTION RANGE FOR SIX MONTHS ENDED 30 JUNE OF 8.2 CENTS TO 8.6 CENTS PER STAPLED SECURITY
• ASHLEY FURNITURE HOMESTORES OWNED BY BUSINESS WILL CONTINUE TO TRADE
• TWELVE STORES, AND ABOUT 135 EMPLOYEES IN NSW AND ACT, ARE AFFECTED BY JOHN COOTES FURNITURE BUSINESS CLOSURE
• ELANOR SEEKS TO SELL ASHLEY FURNITURE COMPONENT OF BUSINESS AS A GOING CONCERN