Disposal of Properties
March 23 2010 - 6:28AM
UK Regulatory
TIDMOPF
RNS Number : 0128J
Off-Plan Fund Limited (The)
23 March 2010
+-------------------------------+-------------------------------------+
| | 23 March 2010 |
+-------------------------------+-------------------------------------+
THE OFF-PLAN FUND LIMITED
(the "Fund")
Completion of Disposal of Properties at Wimbledon House, Leicester
Further to its announcement on 23 February 2010, the Fund is pleased to announce
that it has today completed the sale of its entire holding of units, comprising
six two-bedroom flats, at Wimbledon House, Leicester. The total cash
consideration received was GBP430,500.
Further to the announcement made by the Fund on 26 October 2009 and the
approval, by Members, at a general meeting held on 4 December 2009 of the
proposals to commence the orderly winding down of the activities of the Fund,
the Directors confirm that they will provide Members with details of the quantum
and timing of further share redemptions or other forms of distributions at the
time of the announcement of its annual results for the year ended 30 September
2009 which are expected to be released shortly.
List of Contacts:
Development Capital Management
Andy Gardiner
Tom Pridmore
020 7355 7600
Merchant John East Securities Limited
(Nominated Adviser)
Bidhi Bhoma/Simon Clements
020 7628 2200
This information is provided by RNS
The company news service from the London Stock Exchange
END
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