Further Update

RNS Number : 2788W

Safeland PLC

06 November 2014

 



Safeland plc ("Safeland" or the "Company")

Further Update

Further to its announcement of 14 May 2014 that it had obtained a residential consent under permitted development rights in relation to part of a property in Wimbledon which had been acquired by the Company in August 2013, Safeland is pleased to announce that works have commenced on the conversion of the property into 31 residential units. In addition, the Company announces that it has entered into a contract for the forward sale of all of these units for £10.23 million with staged completion anticipated during 2015.

Contacts:

Larry Lipman

Managing Director, Safeland Plc                                                               T: 020 8815 1600

Tom Griffiths

Westhouse Securities Limited                                                                   T: 020 7601 6100

 

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