Stobart Properties Disposal

RNS Number : 6302C

Stobart Group Limited

03 May 2012

 



3 May 2012

Stobart Group Limited

("Stobart" or "Company")

Stobart Properties Limited announces that it has sold its 20% stake in One Plantation Place Unit Trust ('OPPUT'), the owner of Plantation Place, London EC3, realising net proceeds of £8.1 million. The disposal of the Company's stake forms part of a larger transaction where 100% of the units in OPPUT have been sold. 

Ends.

Mark Longson	020 7929 5599
Square1 Consulting
James Andrew	020 7287 9610
i-nfluence

 

END

 

 

MSCLFFELEFIFIIF