ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

THG Thg Plc

64.85
1.55 (2.45%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thg Plc LSE:THG London Ordinary Share GB00BMTV7393 ORD GBP0.005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.55 2.45% 64.85 64.75 64.85 65.55 62.75 63.70 3,051,917 16:29:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.05B -248.37M -0.1867 -3.47 842.29M

Sale of Office Development

05/10/2004 11:51am

UK Regulatory


RNS Number:7138D
Terrace Hill Group PLC
05 October 2004



TERRACE HILL GROUP PLC ("the Group" or "Terrace Hill")


Sale of Office Development


Terrace Hill announces that its 83% subsidiary SERAH Properties plc has sold the
office element of its 10,500 sq ft office and 4,000 sq ft retail development at
22 King Street, London (in joint venture with Canada Life) for a consideration
of #9.2 million to a major financial institution.


For further information please contact:


Nigel Turnbull, Joint Managing Director, Terrace Hill Group plc, 0207 631 1666


Alasdair Robinson, Noble & Company Limited, 0131 225 9677


Notes to Editors:


Terrace Hill Group PLC is an AiM traded Property Group.  It has two divisions
(1) Commercial Development where the current development programme, including
those in joint venture, is around #500 million, with approaching #200 million
underway and #300 million projected and (2) Residential Investment where it
holds 535 units in Scotland and the North of England.  Terrace Hill recently
reported an increase of #18.986 million (40.80%) in Net Asset Value to #65.5
million in the half year to 30 April 2004, contributed to by a placing with
institutional shareholders of #8.128 million, and at the same time announced a
doubling of dividend.


END

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

DISILFSIITLEIIS

1 Year Thg Chart

1 Year Thg Chart

1 Month Thg Chart

1 Month Thg Chart

Your Recent History

Delayed Upgrade Clock