Energiser Investments PLC Completion of Kingswood Sale (7793C)
April 20 2017 - 2:00AM
UK Regulatory
TIDMENGI
RNS Number : 7793C
Energiser Investments PLC
20 April 2017
20 April 2017
Energiser Investments plc
('Energiser' or the 'Company')
Completion of Kingswood Sale
Energiser Investments plc is pleased to confirm that, further to
its announcement on 6 April 2017, sale of the final unit at the
Kingswood Park development has legally completed at the agreed
price of GBP725,000.
Kingswood Park was developed by Vantage New Homes (Red House)
Limited (In Administration) (the "Developer"). Energiser was party
to the debt funding of the project through a lending subsidiary.
The final balance of the Company's profit share will be released
once Energiser reaches agreement with the Developer's administrator
regarding its costs of administration. A further announcement will
be made once the timing and quantum of the payment to the Company
are confirmed.
For further enquiries please visit
www.energiserinvestments.co.uk or contact:
Energiser Investments
Plc
Dominic White, Chief
Executive 01494 762450
Nishith Malde, Director
Cairn Financial Advisers
LLP
020 7213
Jo Turner 0880
Sandy Jamieson
This information is provided by RNS
The company news service from the London Stock Exchange
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