PLANNING PERMISSION FOR NOTTINGHAM SCHEME AGREED

RNS Number : 5563W

Conygar Investment Company PLC(The)

18 April 2019

 

For immediate release

18 April 2019

THE CONYGAR INVESTMENT COMPANY PLC

PLANNING PERMISSION FOR NOTTINGHAM SCHEME AGREED

The Conygar Investment Company PLC ("Conygar") is pleased to announce that a resolution to grant planning permission for Conygar's mixed use scheme in the centre of Nottingham has been passed.

Nottingham City Council ("the Council") has resolved to grant permission for development of over two million square feet including offices, apartments and student housing. The permission will be formally granted upon the signing of a S.106 agreement between the parties.

Robert Ware, Chief Executive of Conygar commented: "We are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders. This is a significant step toward the redevelopment of this important site for Nottingham and we will continue to work closely with the Council to bring the scheme forward as soon as possible."

Enquiries:

The Conygar Investment Company PLC

Robert Ware

Ross McCaskill

020 7258 8670

Liberum Capital Limited (Nominated Adviser and Broker)

Richard Bootle

Jonathan Wilkes-Green

020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers

Will Barker

020 7002 1080

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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