Planning Update
June 17 2010 - 2:00AM
UK Regulatory
TIDMAXD
RNS Number : 7581N
Alexandra PLC
17 June 2010
17 June 2010
Alexandra PLC (the "Company")
Planning Update
The Company announces that the planning application for its Bothwell Park
factory site in Scotland ("Bothwell") to be converted to a retail site has not
been approved by South Lanarkshire Council.
In the Interim Results for the period ended 31 July 2009, released by the
Company on 30 September 2009, it stated that the sale of Bothwell would be
likely in the latter half of the 2010/11 financial year. The Board now believes
that any sale in this time frame is unlikely. The Company is evaluating the
decision and taking advice regarding the next steps which may include an appeal
or a revised application.
-Ends-
Enquiries:
+------------------------------+------------------------------+
| Alexandra plc | 01454 876 003 |
| Tim Gifford, CEO | |
+------------------------------+------------------------------+
| Arden Partners plc | 020 7614 5900 |
| Richard Day, Fred Walsh | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Evolution Securities | 020 7071 4300 |
| Tim Worlledge, Adam Lloyd | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Pelham Bell Pottinger | 020 7861 3159 |
| Gavin Davis, Charles Goodwin | |
+------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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