INTENTION TO REC. NOTTINGHAM FOR OUTLINE PLANNING

RNS Number : 6655S

Conygar Investment Company PLC(The)

13 March 2019

 

For immediate release

13 March 2019

THE CONYGAR INVESTMENT COMPANY PLC

INTENTION TO RECOMMEND NOTTINGHAM FOR OUTLINE PLANNING

The Conygar Investment Company PLC ("Conygar" or the "Group"), the property investment and development group, notes the announcement made by Nottingham City Council (the "Council") that it is ready to recommend the Group's mixed-use scheme in the centre of Nottingham for planning at the Council's planning committee in April 2019. The Company sees this as a positive step towards obtaining outline planning permission and will update the market on further progress in due course.

Robert Ware, Chief Executive of Conygar commented:

"We have been working closely with the Nottingham planning team since early 2017 to bring about the best possible scheme for Nottingham and are delighted that they intend to recommend the scheme for outline planning permission at next month's planning committee meeting."

Enquiries:

The Conygar Investment Company PLC

Robert Ware: 020 7258 8670

Ross McCaskill: 020 7258 8670

Liberum Capital Limited (Nominated Adviser and Broker)

Richard Bootle: 020 3100 2222

Jonathan Wilkes-Green: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

This announcement is released by The Conygar Investment Company PLC and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Ross McCaskill, Finance Director.

 

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