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400.00 0.00 (0.00%)

Bid:

350.00

Ask:

450.00

Spread: 100.00 (28.571%)

Market Cap: £10.91m

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Property Disposal

30 Nov 2012 15:49

RNS Number : 4860S

Caffyns PLC

30 November 2012

PROPERTY DISPOSAL

Caffyns plc ("the Company") announces that it has today exchanged contracts with McCarthy & Stone Retirement Lifestyles Limited for the sale of its vacant freehold site at Hailsham, East Sussex for £1.4 million conditional upon certain conditions being satisfied. The principal condition is that an appropriate planning approval is granted for about 55 Later Living units. Once the conditions have been satisfied, the consideration is payable in cash and the proceeds will be applied in reducing the Company's borrowings. The consideration is approximately equivalent to the current book value of the property.

30 November 2012

Enquiries:

Simon Caffyn

Chief Executive

Mark Harrison

Finance Director

Telephone: 01323 730201

This information is provided by RNS

The company news service from the London Stock Exchange

END

DISWGGRCGUPPGAU

Date		Source	Headline
25th Nov 2011	7:00 am	RNS	Half Yearly Report
25th Oct 2011	8:52 am	RNS	Directorate Change
30th Sep 2011	9:58 am	RNS	Total Voting Rights
15th Sep 2011	10:43 am	RNS	Transaction in Own Shares
2nd Sep 2011	10:38 am	RNS	Transfer of shares held in treasury
23rd Aug 2011	4:51 pm	RNS	Dividend Declaration - Preference shares
29th Jul 2011	4:28 pm	RNS	Total Voting Rights
28th Jul 2011	2:41 pm	RNS	Result of AGM
28th Jul 2011	11:30 am	RNS	AGM Statement
26th Jul 2011	9:15 am	RNS	Treasury Stock
14th Jul 2011	3:47 pm	RNS	Annual Information Update
12th Jul 2011	7:00 am	RNS	Strategy Update
30th Jun 2011	3:40 pm	RNS	Total Voting Rights
13th Jun 2011	3:21 pm	RNS	Disposal update
8th Jun 2011	11:58 am	RNS	Transaction in Own Shares
3rd Jun 2011	7:30 am	RNS	Final Results
31st May 2011	7:30 am	RNS	Disposal
28th Apr 2011	4:50 pm	RNS	Disposal
6th Apr 2011	7:30 am	RNS	Disposal
31st Mar 2011	5:11 pm	RNS	Total Voting Rights
31st Mar 2011	5:05 pm	RNS	Transaction in Own Shares
22nd Mar 2011	8:53 am	RNS	Disposal
10th Mar 2011	10:14 am	RNS	Transaction in Own Shares
28th Feb 2011	1:23 pm	RNS	Total Voting Rights
22nd Feb 2011	9:42 am	RNS	Dividend Declaration
18th Feb 2011	1:17 pm	RNS	Disposal
17th Feb 2011	9:38 am	RNS	Transaction in Own Shares
8th Feb 2011	7:00 am	RNS	Interim Management Statement
31st Dec 2010	10:00 am	RNS	Total Voting Rights
14th Dec 2010	11:02 am	RNS	Transaction in Own Shares
2nd Dec 2010	4:37 pm	RNS	Transaction in Own Shares
26th Nov 2010	7:00 am	RNS	Interim Results
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20th Sep 2010	2:52 pm	RNS	Transaction in Own Shares
9th Sep 2010	9:35 am	RNS	Transaction in Own Shares
25th Aug 2010	11:31 am	RNS	Holding(s) in Company
24th Aug 2010	9:04 am	RNS	Transaction in Own Shares
23rd Aug 2010	12:23 pm	RNS	Replacement Dividend Declaration
23rd Aug 2010	9:32 am	RNS	Dividend Declaration
20th Aug 2010	4:09 pm	RNS	Transaction in Own Shares
19th Aug 2010	10:07 am	RNS	Holding(s) in Company
18th Aug 2010	10:37 am	RNS	Transaction in Own Shares
29th Jul 2010	2:39 pm	RNS	Results of AGM
29th Jul 2010	11:30 am	RNS	AGM Interim Management Statement
23rd Jul 2010	2:05 pm	RNS	Transaction in Own Shares
22nd Jul 2010	3:02 pm	RNS	Transaction in Own Shares
28th May 2010	7:00 am	RNS	Final Results
5th Mar 2010	10:54 am	RNS	Dividend Declaration
17th Feb 2010	4:25 pm	RNS	Interim Management Statement
28th Jan 2010	1:51 pm	RNS	Transaction in Own Shares

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