CLK Cityblock

13.00

0.00 (0.00%)

09 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Cityblock	LSE:CLK	London	Ordinary Share	GB0033272237	ORD 0.5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	13.00						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Acquisition and Disposal

11/04/2006 4:34pm

UK Regulatory

RNS Number:3837B
CityBlock PLC
11 April 2006


 CITYBLOCK PLC ANNOUNCES PURCHASE OF DEVELOPMENT SITE IN LEICESTER AND SALE OF
                                MANCHESTER SITE


CityBlock plc (the "Company"), the AIM-quoted developer and operator of
up-market, secure, off-campus student accommodation, today announces that is has
exchanged contracts for the purchase of a development site in Leicester for a
sum of #925,000 with completion expected by the end of April 2006. Debt funding
will be provided by Yorkshire Bank plc. The site is in a prime
student-orientated location in the Leicester area.

The Company has also completed the sale of its Manchester site, acquired in July
2005, for #2,200,000. The profit from this disposal will be re-invested in
future sites.


For further information, please contact:

Trevor Bargh, CityBlock plc                    Tel: 01524 541 274
David Youngman, WH Ireland Ltd                 Tel: 0161 832 2174




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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