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Share Price: 81.00

Bid: 78.00

Ask: 84.00

Change: 3.00 (3.85%)

Spread: 6.00 (7.692%)

Open: 78.00

High: 82.00

Low: 78.00

Prev. Close: 78.00

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IN BRIEF: Conygar signs new two-year GBP12 million debt facility

Thu, 16th Nov 2023 14:24

Conygar Investment Co PLC - London-based property investor and developer - Enters into new debt facility deal with ASK Partners Ltd for a maximum of GBP12 million with a minimum term of two years and an interest rate of Bank of England base rate plus a margin of 5.9%. Says it will be used to further progress certain plots at The Island Quarter site in Nottingham, alongside to the planning application for its potential acquisition site in Bristol. The loan is secured on part of The Island Quarter site.

Current stock price: 89.00 pence, up 1.1%

12-month change: down 23%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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LONDON (Alliance News) - The Conygar Investment Company PLC said it has sold Site 2 at Aker Village, Aberdeen in a deal worth GBP7.5 million, a surplus of GBP700,000 over its valuation in September. Conygar did't name the buyer. Last month, the property development group sold Site 1 f

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IN BRIEF: Conygar signs new two-year GBP12 million debt facility

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