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BOL Bollore SE

5.62
-0.33 (-5.55%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bollore SE EU:BOL Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.33 -5.55% 5.62 5.525 5.70 5.84 5.335 5.84 2,036,687 16:40:00

Acquisition

29/05/2003 11:49am

UK Regulatory


RNS Number:6727L
Bolton Group (International) Ld
29 May 2003

                   ACQUISITION OF SEVEN INVESTMENT PROPERTIES

                                  FOR #860,000



Bolton Group (International) Limited (the "Bolton Group"), the real estate
holding and development group, announces that its wholly owned subsidiary,
Bluekirk Limited, has exchanged contracts for the acquisition of seven
residential investment properties in Hong Kong and Shenzhen, China (the "
Investment Properties") for a total cash consideration of #860,000.  Completion
is expected on or before 31 August 2003.


These Investment Properties have an aggregate annual rental income of #38,800
and an annual yield of 4.51%.


Jack Law, Deputy Chairman of Bolton Group, said:  "The Board has decided to
invest in these properties because the potential for capital appreciation is
higher in Hong Kong and China than in the UK."


For further information, please contact:

Bolton Group (International) Limited      Tel:             020 7499 7922
Peter Derby, Chairman

Rawlings Financial PR Limited             Tel:             01756 770 376
Catriona Valentine







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

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