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Acquisition

19 Dec 2008 16:14

RNS Number : 5205K
Energiser Investments PLC
19 December 2008
 



ENERGISER INVESTMENTS PLC

("Energiser" or the "Company")

The Company is pleased to announce that it has today completed the acquisition of Gramm Partnership Housing Limited ("GPHL") for a consideration of £5,000.

GPHL is the owner of a substantially completed development of 20 houses in Wellingborough, Northants.

Engeriser intends to complete the development, retaining most of the homes for letting whilst selling others to reduce GPHL's outstanding bank loan to Barclays Bank, which currently stands at approximately £1.35m.

Energiser will be spending approximately £350,000 to complete the development.

The Board anticipates the completed development will be worth approximately £2.75m.

Contacts:

Billam PLC

Nish Malde +44 (0) 1923 713600

Libertas Capital

Sandy Jamieson +44 (0) 207 569 9650

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQTLBFTMMMBBFP
Date   Source Headline
6th Jul 200911:52 amRNSHolding(s) in Company
30th Jun 20094:58 pmRNSFinal Results
18th Feb 20098:30 amRNSChange of Adviser
19th Dec 20084:14 pmRNSAcquisition
12th Dec 200810:14 amRNSHolding(s) in Company
28th Nov 20085:18 pmRNSIssue of Equity
28th Nov 20085:17 pmRNSTotal Voting Rights
11th Nov 20083:55 pmRNSResult of AGM
17th Oct 20083:54 pmRNSIssue of Equity
30th Sep 20087:00 amRNSInterim Results
10th Sep 20086:11 pmRNSHolding(s) in Company
27th Aug 200810:52 amRNSHolding(s) in Company
21st Aug 200810:06 amRNSLoss on Investments
25th Jul 20082:33 pmRNSChange of Adviser
17th Jul 200811:15 amRNSHolding(s) in Company
1st Jul 20081:47 pmRNSFinal Results
30th Jun 20083:41 pmRNSFinal Results
15th Feb 200811:33 amRNSRelated party loan
24th Jan 20089:09 amRNSHolding(s) in Company
2nd Jan 200812:25 pmRNSHolding(s) in Company
28th Nov 200712:30 pmRNSHolding(s) in Company
28th Sep 20073:48 pmRNSInterim Results
30th Mar 20077:02 amRNSRe Agreement
11th Dec 200611:03 amRNSTotal Voting Rights
28th Nov 20062:59 pmRNSHolding(s) in Company
7th Nov 20064:47 pmRNSHolding(s) in Company
12th Oct 20061:29 pmRNSDirector/PDMR Shareholding
4th Oct 20061:43 pmRNSHolding(s) in Company
2nd Oct 20062:34 pmRNSDirector/PDMR Shareholding
29th Sep 20067:02 amRNSInterim Results
25th Sep 20069:09 amRNSAdditional Listing
16th Jun 20061:53 pmRNSChange of Registered Office
14th Mar 20065:39 pmRNSSAR 3 - Billam Plc
7th Mar 200612:10 pmRNSSAR 3 - Billam Plc
23rd Feb 200610:57 amRNSSAR 3 - Billam Plc
22nd Feb 20064:46 pmRNSSAR 3 Billam Plc REPLACEMENT
22nd Feb 20064:38 pmRNSSAR 3 Billam Plc REPLACEMENT
22nd Feb 200610:40 amRNSSAR 3 Billam Plc - CORRECTION
21st Feb 200611:22 amRNSSAR 3 - (Billam Plc)
9th Feb 20063:38 pmRNSSAR 3 - Billam PLC
28th Dec 20054:26 pmRNSHolding(s) in Company
28th Nov 20058:45 amRNSHolding(s) in Company
21st Nov 200512:07 pmRNSHolding(s) in Company
4th Oct 20052:55 pmRNSHolding(s) in Company
27th Sep 20057:00 amRNSDisposal
6th Sep 200510:04 amRNSHolding(s) in Company
18th Aug 200511:24 amRNSInterim Results
18th Aug 20058:58 amRNSDirectorate Change
17th Aug 200512:46 pmRNSIssue of Equity
21st Jul 200510:21 amRNSDisposal

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