Caledonian Trust PLC Completion of sale of Ardpatrick Estate (9192W)
28 Aprile 2021 - 2:24PM
UK Regulatory
TIDMCNN
RNS Number : 9192W
Caledonian Trust PLC
28 April 2021
28 April 2021
Caledonian Trust plc
("Caledonian Trust" or the "Company")
Completion of sale of Ardpatrick Estate
Further to the announcements released by the Company on 16
December 2020, 25 March and 31 March 2021, Caledonian Trust, the
Edinburgh-based property investment holding and development
company, announces that the sale of Ardpatrick Estate for a cash
consideration of GBP2.7 million (exclusive of VAT) completed on 27
April 2021.
The Company has received the cash consideration in full. The
Company intends to use the net proceeds from the sale to provide
funding for the Company's existing property development programme,
repay certain existing debt and provide general working
capital.
Further details on Ardpatrick Estate and the disposal can be
found in the Company's announcements released on 16 December 2020
and 25 March 2021.
Enquiries:
Caledonian Trust plc
Douglas Lowe, Chairman and Chief Executive Officer Tel: 0131 220 0416
Mike Baynham, Finance Director Tel: 0131 220 0416
Allenby Capital Limited
(Nominated Adviser and Broker)
Nick Athanas Tel: 0203 328 5656
Alex Brearley
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DISEAALPAAAFEFA
(END) Dow Jones Newswires
April 28, 2021 08:24 ET (12:24 GMT)
Grafico Azioni Caledonian (LSE:CNN)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Caledonian (LSE:CNN)
Storico
Da Set 2023 a Set 2024