10 June 2010
GRESHAM HOUSE PLC
("Gresham House" or the "Company")
Property update and result of AGM
The Board of Gresham House is pleased to announce that planning consent has today been received for the development of 441 houses and 35,000 sq ft of commercial space on the 28 acre site at Newton-le-Willows, in the St Helen's Borough. Discussions with a number of national housebuilders remain ongoing.
All the resolutions proposed at the Company's AGM held earlier today were duly passed.
Enquiries:
Gresham House plc
Derek Lucie-Smith, Chief Executive Officer 020 7590 7500
Brian Hallett, Finance Director and Company Secretary 01489 570 861
Arbuthnot Securities Limited 020 7012 2000
Alasdair Younie / Andrew Fairclough / Hugh Field
ENDS