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TW. Taylor Wimpey Plc

131.40
-2.45 (-1.83%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Taylor Wimpey Plc LSE:TW. London Ordinary Share GB0008782301 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.45 -1.83% 131.40 131.70 131.75 134.05 130.70 134.05 9,230,262 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-single-family Home 3.51B 349M 0.0987 13.34 4.66B

Taylor Wimpey PLC Development land in Central London (3570P)

30/08/2017 5:21pm

UK Regulatory


Taylor Wimpey (LSE:TW.)
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TIDMTW.

RNS Number : 3570P

Taylor Wimpey PLC

30 August 2017

30 August 2017

Taylor Wimpey plc

Development land in Central London

The Group confirms that it has exchanged contracts on the purchase of development land, in Central London, from the Royal Mail, for a total cash consideration of GBP190 million. The acquired land represents part of the Mount Pleasant estate, some of which will be retained by Royal Mail. The development represents a compelling multi-year development opportunity in a high-quality location.

The acquisition meets all the Group's key investment criteria, including an attractive return on capital given the phasing of capital deployment.

   -     Ends - 

For further information please contact:

Taylor Wimpey plc Tel: +44 (0) 7823 419000

Pete Redfern, Chief Executive

Ryan Mangold, Group Finance Director

Harry Goad, Investor Relations

Finsbury Tel: +44 (0) 20 7251 3801

Faeth Birch

Anjali Unnikrishnan

Notes to editors:

Taylor Wimpey plc is a UK-focused residential developer which also has operations in Spain. For further information please visit the Group's website: www.taylorwimpey.co.uk

Follow us on Twitter @TaylorWimpeyplc

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCURUNRBRAWOAR

(END) Dow Jones Newswires

August 30, 2017 12:21 ET (16:21 GMT)

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