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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alpha Group International Plc | LSE:ALPH | London | Ordinary Share | GB00BF1TM596 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10.00 | 0.48% | 2,100.00 | 2,070.00 | 2,080.00 | 2,100.00 | 2,050.00 | 2,100.00 | 152,511 | 16:35:28 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 185.96M | 88.83M | 2.0504 | 10.14 | 901.09M |
From May 2019 to May 2024
TIDMALPH
RNS Number : 1482J
Alpha Pyrenees Trust Limited
15 December 2015
15 DECEMBER 2015
ALPHA PYRENEES TRUST LIMITED
("ALPHA PYRENEES" OR THE "TRUST")
ALPHA PYRENEES SELLS FURTHER PROPERTIES FROM ITS FRENCH PROPERTY PORTFOLIO
Further to the announcement on 8 December, Alpha Pyrenees announces today that it has sold its properties located at Fresnes and Mulhouse in France totalling approximately 11,790 square metres for EUR9.1 million.
The purchaser is an investment vehicle managed by Colony Capital, Inc. (NYSE: CLNY), a global real estate and investment management firm.
The sale forms part of the orderly realisation process supported by the Trust's lender, Barclays Bank PLC ("Barclays"), and the net proceeds from this sale will be used to reduce the Trust's bank borrowings.
As previously stated, the Board does not expect that there will be any value to return to ordinary shareholders after repayment of its bank borrowings has taken place.
The Trust will provide further updates in due course.
For further information:
Dick Kingston, Chairman, Alpha Pyrenees Trust Limited 01481 231100 Paul Cable, Fund Manager, Alpha Real Capital LLP 020 7391 4700
For more information on the Trust, please visit www.alphapyreneestrust.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISPKPDDQBDDCBD
(END) Dow Jones Newswires
December 15, 2015 09:25 ET (14:25 GMT)
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