![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
RemeGen Co Ltd | TG:REG | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.69 | 1.62 | 1.66 | 0.00 | 08:55:29 |
RNS Number:4585J Regent Inns PLC 01 April 2003 1st April 2003 REGENT INNS PLC Sale and Leaseback Announcement Regent Inns plc ("Regent" or "the Company") today announces that it has completed a sale and leaseback transaction with St. James Capital Property Limited. The transaction relates to three properties: Walkabout, Portsmouth including the three floors of offices above; Walkabout, Wolverhampton; and The Stone House, Hertford. Regent will receive consideration of #7.2 million in cash which will be used to reduce debt. The net book value of the assets sold at 4 January 2003 was #4.2 million. Regent has entered into a 35 year lease with St. James Capital Property Limited to lease back the properties at a rent of #559,000 per annum. Commenting on the transaction, Stephen Haupt, Chief Executive of Regent, said: "Regent is focused on operating late night, entertainment-led bars, not on managing large scale properties. This transaction will also allow us to reduce bank debt and gearing and to further strengthen our balance sheet." - Ends - For more information, please contact: Regent Inns plc Tel. 020 8375 3000 Stephen Haupt, Chief Executive Simon Rowe, Finance Director Merlin Financial Tel. 020 7606 1244 Paul Downes Mob. 07900 244888 Vanessa Maydon Mob. 07802 961902 This information is provided by RNS The company news service from the London Stock Exchange END MSCNKDKKKBKBONN
1 Year RemeGen Chart |
1 Month RemeGen Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions