Artisan (UK) PLC
08 January 2007
Artisan (UK) plc
New Site Purchases
Artisan (UK) plc ('Artisan' or 'the Company'), the housebuilder and commercial
business park developer, is pleased to announce three recent land purchases at a
cost of £3.6m.
Rippon Homes has recently completed the purchase of the new sites in and around
Mansfield, its core area of activity. These include a Mansfield Woodhouse site
that will consist of 22 homes, incorporating a mix of 4 bedroom detached homes
and 3 bedroom starter family units, and a Mansfield site that will comprise of
32 homes, with a similar mix to the Mansfield Woodhouse site.
Rippon Homes has also completed the purchase of a site for their premium brand,
Living Heritage, in the centre of Farnsfield, a village situated between Mansfield
and Nottingham. This site is more select and will provide for 10 larger detached
and semi-detached homes on a rare site in this historic village.
Chris Musselle, Chief Executive of Artisan commented:
'The acquisition of these sites is in line with our objective of acquiring new
sites to provide for future growth in the business. These sites are carefully
chosen to provide the type of accommodation sought by families without
resorting to excessive concentrations of three storey units. With further sites
in the course of acquisition and yet more sites agreed, it underlines our
confidence in the future of this business.'
Artisan (UK) plc
Chris Musselle Chief Executive 01480 436666
email@artisan-plc.co.uk
Rippon Homes Limited
John Jones Managing Director 01623 659000
info@ripponhomes.co.uk
Brewin Dolphin Securities Limited
Ifor Williams Nominated advisers 0121 236 7000
Bankside Consultants
Simon Rothschild Financial PR advisers 020 7367 8888
07703 167065
Company website: www.artisan-plc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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