Heavitree Brewery PLC Related Party Transaction (9686I)
March 31 2015 - 11:00AM
UK Regulatory
TIDMHVT
RNS Number : 9686I
Heavitree Brewery PLC
31 March 2015
The Heavitree Brewery PLC (the "Company")
Trood Lane
Matford
Exeter
Devon
EX2 8YP
Date: 31 March 2015
Contact: N.J. McLean -Company Secretary 01392 217733
G.J. Crocker - Managing Director 01392 217733
P. Keane - Nominated Advisor 020 7408 4090
Rental agreement
The Company announces that it has entered into an agreement with
Mrs. C.M. Wheatley, the wife of Mr. T. Wheatley, an executive
director of the Company (the "Related Party") for the rental to the
Related Party of one of the Company's tenanted Houses, The Passage
House Inn, Topsham, Exeter, Devon (the "Property"). The Property
trades as a licensed public house and restaurant. The Property has
been let to the Related Party on normal commercial terms under the
Company's usual 'tie' agreement (the "Transaction").
The Transaction is a related party transaction pursuant to AIM
Rule 13. The independent directors of the Company (being the
directors excluding Mr. T. Wheatley) consider, having consulted
with its nominated adviser, Shore Capital and Corporate Limited,
that the terms of the Transaction are fair and reasonable insofar
as its shareholders are concerned.
Ends.
ISIN: GB0004182720 for 'A' Limited Voting Ordinary Shares
ISIN: GB0004182506 for Ordinary Shares
This information is provided by RNS
The company news service from the London Stock Exchange
END
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