Trafalgar Property Group PLC Completion of Sale (3904U)
29 Luglio 2020 - 8:00AM
UK Regulatory
TIDMTRAF
RNS Number : 3904U
Trafalgar Property Group PLC
29 July 2020
Prior to publication, the information contained within this
announcement was deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 ("MAR"). With the publication of this announcement,
this information is now considered to be in the public domain.
29 July 2020
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar", the "Company" or "Group")
Completion of sale
Further to the Company's announcement on 17 June 2020, Trafalgar
(AIM: TRAF), the AIM quoted property developer, is pleased to
announce the sale of the Group's site in Epsom in Surrey for
GBP385,000. The net proceeds from the sale will be used to provide
additional working capital for the Group's activities.
Enquiries:
Trafalgar Property Group Plc +44 (0) 1732 700
James Dubois 000
Spark Advisory Partners Ltd -AIM Nominated
Adviser
Matt Davis +44 (0) 20 3368 3550
Peterhouse Capital Limited - Broker +44 (0) 20 7409
Duncan Vasey/Lucy Williams 0930
Notes to Editors:
Trafalgar Property Group Plc is the holding company of Trafalgar
New Homes Limited, a residential property developer operating in
the southeast of England and Trafalgar Retirement + Limited, a
property developer in the assisted living and extra care for the
elderly sector. The founders have a long track record of developing
new and refurbished homes, principally in Kent.
The Company's focus is on the select acquisition of land for
residential property development. The Company outsources all
development activities, for example the obtaining of planning
permission, design and construction, and uses fixed price build
contracts, enabling it to tightly control its development and
overhead costs.
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.
END
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