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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fund-E Inv | LSE:FEI | London | Ordinary Share | GB0002910312 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.02 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:7625D
Fundamental-e Investments PLC
12 September 2007
Fundamental-e Investments Plc (the "Company" or "FEI")
Update
Further to the announcement made by the Company 29 June 2007 the Board is
pleased to announce that the final option to purchase the remaining part of the
Kilsyth site has now been exercised. Details of the option are set out below:-
- Property purchased is adjacent to the industrial premises of FEI's former
trading activity of Wilson & Garden
- The purchase allows the re-development of the whole site for which the
Company has planning permission for 72 apartments
- The exercise price of the option was #300,000
This now allows the development of the site to progress with the first step
being the demolition of the existing buildings on the site.
It is hoped that with the consent of the local authority that the demolition can
start in early October 2007.
Contact
Liam Murray, Nominated Adviser
City Financial Associates Limited
Tel 020 7492 4777
This information is provided by RNS
The company news service from the London Stock Exchange
END
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