STE Stewart & Wight

525.00

0.00 (0.00%)

03 Jul 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Stewart & Wight	LSE:STE	London	Ordinary Share	GB0008556192	ORD 5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	525.00						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Acquisition

01/07/2003 5:00pm

UK Regulatory

RNS Number:0216N
Stewart & Wight PLC
01 July 2003

                              STEWART & WIGHT PLC

                       845 FINCHLEY ROAD, LONDON NW11 8NA

                     TEL: 020 8455 1111 FAX: 020 8455 9191



                                  ANNOUNCEMENT


                              STEWART & WIGHT PLC


1 July 2003


Stewart & Wight plc has contracted to purchase the freehold property, known as
18 Silver Street, Durham, for the price of #1.8 million with completion due on
18 July 2003.

The whole of the property is let for a term of 25 years from 8 August 1983 to
Etam plc at a current rent of #108,100 per annum with rent reviews on 1 August
2003 and 1 August 2008. The purchase will be funded with the aid of a loan from
Barclays Bank plc.

The Board of Stewart & Wight plc consider that this latest acquisition will be a
significant addition to the property portfolio of the Company.




DAVID CRAMER

Director


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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