Practical Completion of Hastings

RNS Number : 5682V

Barkby Group PLC (The)

10 August 2020

 

10 August 2020

The Barkby Group PLC

("Barkby" or the "Company")

Practical Completion of Hastings

The Barkby Group PLC, the diversified business group, is pleased to announce 'practical completion' of its 22,100 sq. ft. development at Hastings, which is anchored by Aldi Stores, Greggs and Costa Coffee.

Charles Dickson, Executive Chairman of The Barkby Group Plc, commented:

"I am delighted to have secured the practical completion of this site and this will generate significant cash for the business. Despite the uncertain economic backdrop, activity in the Commercial Property Division remains robust and we are in discussions regarding two further sites."

Enquiries: 

The Barkby Group PLC
Charles Dickson, Executive Chairman Douglas Benzie, Chief Financial Officer
finnCap Ltd (Nomad and Broker)	[phone]
Carl Holmes/Simon Hicks (corporate finance) Tim Redfern/Richard Chambers (ECM)
Camarco (Financial PR)	[phone]
Jennifer Renwick/Jake Thomas

Notes to editors

The Barkby Group PLC is a diversified group of high growth, high quality businesses run by an entrepreneurial and experienced management team. The existing wholly owned businesses within Barkby include; Commercial Property Development, Barkby Hospitality (comprising Barkby Pubs and Workshop Coffee) and Centurian Automotive.

In addition to these businesses, Barkby has the right to participate in the upcoming fundraisings for two disruptive high growth private companies: Transcend Packaging, a sustainable and innovative paper packaging manufacturer aiming to eliminate single use plastic, and VivoPlex, a digital health company aiming to transform fertility treatment with precision medicine.

Barkby's strategy is to accelerate and maximise opportunities within its existing businesses as well as continue to source and invest in cash generative, growth businesses with the ability to disrupt.

 

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