We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gresham House Plc | LSE:GHE | London | Ordinary Share | GB0003887287 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,100.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMGHE
RNS Number : 4348D
Gresham House PLC
26 April 2017
26 April 2017
Gresham House Plc ("Gresham House" or "the Company")
(AIM: GHE)
Gresham House receives payment of GBP1.5 million from continued realisation of legacy assets
Gresham House plc, the specialist asset manager, is pleased to announce the receipt of GBP1.5 million of deferred proceeds from the sale of the Newton-le-Willows site as announced on 23 September 2015.
GBP1.0 million of the deferred proceeds is in line with the agreed repayment schedule and an additional GBP0.5 million is an early repayment, which was triggered by the purchaser selling properties at the Newton-le-Willows site quicker than anticipated.
The Kleinwort Benson Bank Limited ("Kleinwort Benson") banking facility is secured against the deferred proceeds of the sale of Newton-le-Willows and in line with this agreement, GBP1.5 million has been repaid to Kleinwort Benson. The Company's gross borrowing under the facility now stands at GBP4.4 million, alongside the gross cash position as at 31 March 2017 of GBP9.4 million.
Tony Dalwood, CEO of Gresham House said,
"This is the third early repayment from the purchaser and demonstrates the continued move to simplify the balance sheet through realising the legacy assets, and ahead of expectations. This also increases our confidence regarding the active sales process currently underway for our remaining five acres of land at Newton-le-Willows."
Enquiries:
Gresham House plc Anthony (Tony) Dalwood 020 3837 6270 Liberum Capital Ltd Neil Elliot Jill Li 020 3100 2000 Montfort Communications, greshamhouse@montfort.london PR Adviser 0203 770 7906 Rory King
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSEDFDMFWSEEL
(END) Dow Jones Newswires
April 26, 2017 09:26 ET (13:26 GMT)
1 Year Gresham House Chart |
1 Month Gresham House 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
Hot Features
Premium
