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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dukemount Capital Plc | LSE:DKE | London | Ordinary Share | GB00BMWC6Q55 | ORD GBP0.00001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0015 | -4.62% | 0.031 | 0.027 | 0.035 | 0.0325 | 0.031 | 0.0325 | 30,761,355 | 12:23:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Lessors Of Real Property,nec | 0 | -408k | -0.0059 | -0.05 | 20.8k |
TIDMDKE
RNS Number : 3871E
Dukemount Capital PLC
09 February 2018
9 February 2018
Dukemount Capital Plc
("Dukemount" or the "Company")
Update on Proposed Second Acquisition
Dukemount Capital plc, the property management and long dated income provider announced in October that due diligence on the second acquisition in North West England had been completed and that a four-month option to buy had been signed while it concluded discussions with housing associations.
The board are in advanced talks with one housing association and to facilitate the conclusion of these talks in an efficient manner we have been granted an extension of the option by the vendor for a further two-month period.
Dukemount Executive Chairman Geoffrey Dart said, "While we anticipate that these talks with the housing association will be concluded soon, the end of the original option is approaching. We felt it prudent to get an extension to the option-to-buy agreement with the vendor while we work out a deal which works for Dukemount and the housing association. The next stage in the process is to present to the housing association, the plans for the refurbishment of the building in order to reach an agreement on the specific requirements for their tenants.
Market Abuse Regulation (MAR) disclosure
Certain statements in this announcement contain inside information for the purpose of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Dukemount Capital Tel: +44 (0) 7874 Plc 762 821 Timothy Le Druillenec Walbrook PR Tel: +44 (0) 207 (Media and Investor 933 8780 Enquiries Paul Cornelius dukemountcapital@walbrookpr.com / Gary Middleton Optiva Securities Tel: +44 (0) 203 Ltd 137 1906 Christian Dennis - Corporate Broker Jeremy King - Corporate Broker Peterhouse Corporate Tel: +44 (0) 207 Finance Limited 469 0930 Lucy Williams/Duncan Vasey
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 09, 2018 02:00 ET (07:00 GMT)
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