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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Black Sea Property Plc | AQSE:BSP | Aquis Stock Exchange | Ordinary Share | IM00BYQLTS50 | Ordinary shares |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2023 to May 2024
TIDMBSP
RNS Number : 7555R
Black Sea Property PLC
30 October 2023
30 October 2023
BLACK SEA PROPERTY PLC
("Black Sea Property" or the "Company")
Black Sea Property PLC, the Bulgarian real estate investment company, is pleased to announce that it has agreed an extension to the deadline for payment of the balance of the consideration due for the acquisition of 98.27% of the Grand Hotel Varna AD (the "Acquisition"), previously announced on 21 July 2023. The outstanding balance of the consideration, amounting to approximately EUR16 million, is now due for payment on 6 November 2023.
The Grand Hotel Varna AD owns GHV-Dolphins EAD, a Bulgarian company holding the title to real estate comprising of three hotels and a beach marina resort situated in a prime location on the Black Sea Coast.
For further information, please visit www.blackseapropertyplc.com or contact the following: BLACK SEA PROPERTY PLC Simon Hudd - Chairman +44 (0) 7568 605330 PETERHOUSE CAPITAL LIMITED Aquis Corporate Adviser Heena Karani and Duncan Vasey +44 (0) 207 469 0930
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).
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.
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(END) Dow Jones Newswires
October 30, 2023 12:14 ET (16:14 GMT)
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