Conygar Investment Company PLC(The) First Phase Planning Approved for Nottingham Site (9187Z)

TIDMCIC

RNS Number : 9187Z

Conygar Investment Company PLC(The)

23 September 2020

23 September 2020

THE CONYGAR INVESTMENT COMPANY PLC

FIRST PHASE PLANNING APPROVED FOR NOTTINGHAM

ISLAND QUARTER SITE

The Conygar Investment Company PLC ("Conygar") is pleased to announce that a resolution to grant planning permission for the first phase of Conygar's mixed use scheme in the centre of Nottingham has been passed.

The approved phase will include a three-storey 20,000 sq.ft. pavilion on the canal waterfront, featuring two restaurants, events space with panoramic views and a large rooftop terrace, forming the opening phase of development on the site.

The plans also include a substantial area of new, attractive public realm, which will enable the development of the remainder of the site.

The permission will be formally granted upon the signing of a S.106 agreement between the parties.

Robert Ware, Chief Executive of Conygar commented: "We are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders. This is a significant step toward the redevelopment of this important site for Nottingham and we will look to bring the scheme forward as soon as possible."

Enquiries:

The Conygar Investment Company PLC

Robert Ware: 020 7258 8670

Christopher Ware: 020 7258 8670

Liberum Capital Limited (Nominated Adviser and Broker)

Richard Bootle: 020 3100 2222

Ed Phillips: 020 3100 2222

Jamie Richards: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Will Barker: 07827 960151

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September 23, 2020 11:23 ET (15:23 GMT)