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CIC Conygar Investment Company Plc (the)

77.50
-1.00 (-1.27%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Conygar Investment Company Plc (the) LSE:CIC London Ordinary Share GB0033698720 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.27% 77.50 75.00 80.00 78.50 77.50 78.50 14,353 15:47:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 14.05M -29.53M -0.4952 -1.57 46.22M

Conygar Investment Company PLC(The) IHG Announced for Nottingham Scheme (6782K)

06/01/2021 7:00am

UK Regulatory


Conygar Investment (LSE:CIC)
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TIDMCIC

RNS Number : 6782K

Conygar Investment Company PLC(The)

06 January 2021

6 January 2021

THE CONYGAR INVESTMENT COMPANY PLC

INTERCONTINENTAL HOTEL GROUP ANNOUNCED FOR NOTTINGHAM ISLAND QUARTER SCHEME

The Conygar Investment Company PLC ("Conygar") is pleased to announce it has agreed terms with InterContinental Hotels Group ( IHG) at its major Nottingham development site.

IHG will be bringing its boutique hotel brand Hotel Indigo as well as its extended stay offering, Staybridge Suites, to the Conygar scheme that will transform this city centre site.

The hotel will comprise 223-bedrooms - 155 rooms for Hotel Indigo and a further 68 aimed at multi-night business and leisure travellers in the Staybridge Suites, which will include a range of amenities such as a full kitchen and dedicated outdoor space for every suite.

They form part of the latest stage of the development, which will include 247

residential rental apartments and an extensive food and beverage area. There will also be 3,000 sqm of flexible serviced office space.

Robert Ware, Chief Executive of Conygar commented: "We are delighted to secure a major global hotel operator in InterContinental Hotels Group for this exciting next phase of the Island Quarter."

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

Jamie Richards: 020 3100 2222

Ed Phillips: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Will Barker: 07827 960151

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(END) Dow Jones Newswires

January 06, 2021 02:00 ET (07:00 GMT)

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