Unitech Corporate Parks Plc Disposal Update (4765S)

TIDMUCP

RNS Number : 4765S

Unitech Corporate Parks Plc

24 September 2014

Unitech Corporate Parks plc

("UCP" or the "Company")

Disposal Update

Further to the announcement on 10 September 2014, the Board of UCP is pleased to announce that following publication of the minutes of the 63(rd) meeting of the SEZ Board held on Thursday 18 September 2014 it has been confirmed that the proposed transfer of Candor's shares has been approved, subject to a number of customary conditions.

It is expected that Completion of the Disposal with take place in October and a further announcement will be made in due course.

Terms used and not defined in this announcement bear the meaning given to them in the Circular.

For further information please contact:

 
 Westhouse Securities Limited          Tel: +44 (0)20 7601 6118 
 Alastair Moreton 
                                      ------------------------- 
 Darren Vickers 
                                      ------------------------- 
 
 IOMA Fund and Investment Management   Tel: +44 (0)1624 681250 
  Limited 
                                      ------------------------- 
 Philip Scales 
                                      ------------------------- 
 Graham Smith 
                                      -------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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