Trading update on Property Interests

RNS Number : 7126P

Trafalgar Property Group PLC

22 June 2022

 

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

22 June 2022

TRAFALGAR PROPERTY GROUP PLC

("Trafalgar", the "Company" or "Group")

Trading update on Property Interests

Trafalgar (AIM: TRAF), the AIM quoted residential property developer operating in southeast England, announces the following trading update on its property interests:

Speldhurst

Trafalgar is pleased to announce that it has exchanged contracts on a scheme in Speldhurst Kent that has planning permission granted for a large, detached property.

It is the Company's intention to reapply for planning on the site for a development of 1&2 Bedroomed apartments with off street parking.

Leatherhead Surrey

The Company's development in Leatherhead Surrey for 8x2 Bedroomed apartments still remains in the planning system and we expect a decision later this year.

Properties held for investment

The Company retains certain properties for investment purposes, all of these properties are fully let with no void periods.

Enquiries:

Trafalgar Property Group plc James Dubois	[phone]
SPARK Advisory Partners Limited - AIM Nominated Adviser Matt Davis	[phone]
Peterhouse Capital Limited - Broker	[phone]
Duncan Vasey/Lucy Williams

**ENDS**

Notes to Editors:

Trafalgar Property Group plc

Trafalgar Property Plc is the holding company of Trafalgar New Homes Limited and Trafalgar Retirement+ Limited, residential property developers operating in the southeast of England. The founders have a long track record of developing new and refurbished homes, principally in Kent and Surrey.

The Company's focus is on the select acquisition of land for residential property development. The Company outsources all development activities, for example the obtaining of planning permission, design and construction, and uses fixed price build contracts, enabling it to tightly control its development and overhead costs.

For further information visit: www.trafalgarproperty.group

 

END

 

 

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