Energiser Investments PLC Receipt of Final Payment on Kingswood Sale (8645D)
May 02 2017 - 4:11AM
UK Regulatory
TIDMENGI
RNS Number : 8645D
Energiser Investments PLC
02 May 2017
2 May 2017
Energiser Investments plc
('Energiser', the 'Company' or 'the Group')
Receipt of Final Payment on Kingswood Sale
Energiser Investments plc is pleased to confirm that, further to
its announcement of 20 April 2017, a payment of GBP678,233 has been
received following the sale of the final unit at the Kingswood Park
property development. A further balance of GBP7,350 is expected to
be received in due course subject to any outstanding costs relating
to the final unit. The funds have been used to repay GBP675,000 of
the outstanding loan from Drayton Garden Village Limited to the
Group. The receipt of these funds has further strengthened the
balance sheet of the Group as it negotiates its next
investment.
Energiser is negotiating terms on two potential investments in
the serviced-apartment and self-storage sectors and will provide an
update in due course.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further enquiries please visit
www.energiserinvestments.co.uk or contact:
Energiser Investments
Plc 01494 762450
Dominic White, Chief
Executive
Nishith Malde, Director
Cairn Financial Advisers
LLP 020 7213 0880
Jo Turner
Sandy Jamieson
This information is provided by RNS
The company news service from the London Stock Exchange
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