We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Circle Property Plc | LSE:CRC | London | Ordinary Share | JE00BYP0CK63 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 3.00 | 4.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCRC
RNS Number : 7338N
Circle Property PLC
24 January 2023
24 January 2023
Circle Property Plc
("Circle", the "Company" or the "Group")
Disposal of Victory House, Northampton
Circle Property Plc (AIM: CRC), is pleased to announce, in line with its disposal strategy, that it has exchanged contracts on the sale of Victory House, 400 Pavilion Drive, Northampton ("Victory House") to Hilla Group Northampton Limited at a sale price of GBP2.75 million. Completion is expected by mid-March 2023.
Victory House comprises a 22,300 sq ft (2.072 sq m) office building that was acquired by the Group in 2011 for GBP1.70 million. Profit before tax for the year ended 31 March 2022 attributable to Victory House was GBP0.270 million and the 31 March 2022 valuation was GBP3.20 million.
Following completion, the net proceeds from the disposal will be held as Group cash and are expected to be returned to Shareholders through the proposed B Shares Issues as announced by the Company on 20 January 2023, the first of which is expected to occur in March 2023.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.
+44 (0)20 7930 Circle Property Plc 8503 John Arnold, CEO Edward Olins, COO +44 (0)20 7397 Cenkos Securities plc 8900 Katy Birkin George Lawson Radnor Capital Joshua Cryer +44 (0)20 3897 Iain Daly 1830 +44 (0)20 3757 Camarco 4992 Ginny Pulbrook Toby Strong
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
DISMZGZMVDRGFZM
(END) Dow Jones Newswires
January 24, 2023 11:25 ET (16:25 GMT)
1 Year Circle Property Chart |
1 Month Circle Property Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions