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Portfolio update

16 Jan 2012 07:00

16 January 2012

GRESHAM HOUSE PLC

("Gresham House" or the "Company")

Property update

The Board of Gresham House is pleased to announce that, on 4 January 2012, planning consent was received for the development of a new 1,676 sq m Lidl Foodstore at its site in Vincent Lane, Dorking.

Contracts had been exchanged in March 2011 with T E Beteiligungs GmbH for the sale of 1.1 acres of the 3 acre site owned by the Company for £1.88m in cash, subject to the receipt of planning permission. £1.88m represents a premium to book value of approximately £700,000. The sale is expected to complete in May 2012.

Enquiries:

Gresham House plc

Derek Lucie-Smith, Chief Executive Officer

Brian Hallett, Finance Director and Company Secretary

020 7590 7500

01489 570 861

Arbuthnot Securities Limited

Neil Kirton

020 7012 2000

ENDS

Copyright Business Wire 2012

Date   Source Headline
19th Feb 201611:43 amRNSExercise of Warrants
19th Feb 20168:25 amRNSIntended Launch of Gresham House Forestry Fund LP
9th Feb 20163:32 pmRNSEXERCISE OF WARRANTS
15th Dec 20157:00 amRNSRetirement of Director
8th Dec 201510:15 amRNSExercise of Warrants
20th Nov 20154:03 pmRNSResult of Meeting
9th Nov 20157:00 amRNSRegulatory Approval
4th Nov 20157:30 amRNSSchedule 1 - Gresham House PLC
4th Nov 20157:00 amRNSAcquisition, Regulatory Approval, Notice of GM
15th Oct 20157:00 amRNSNotice of Change of Name
23rd Sep 20157:01 amRNSHalf Yearly Report
23rd Sep 20157:00 amRNSDisposal
10th Sep 20157:00 amRNSChange of Adviser
12th Aug 20153:27 pmRNSHolding(s) in Company
6th Aug 20151:52 pmRNSApproval of Investment Advisory Agreement
21st Jul 20153:01 pmRNSInvestment Advisory Agreement & Trading Update
21st Jul 20153:00 pmRNSPlacing, Asset Swap & Proposed Open Offer
25th Jun 20154:19 pmRNSResult of AGM
4th Jun 20153:54 pmRNSDirector's Notification
22nd May 201511:25 amRNSHolding(s) in Company
28th Apr 20157:00 amRNSFinal Results
17th Apr 20154:11 pmRNSIssue of Equity
1st Apr 20152:39 pmRNSCo-operative Bank Facility and Notice of Results
4th Feb 20154:24 pmBUSCapital Reduction
19th Jan 20155:09 pmBUSIssue of Equity
5th Dec 20143:49 pmBUSHolding(s) in Company
5th Dec 20143:45 pmBUSHolding(s) in Company
3rd Dec 201412:42 pmBUSHolding(s) in Company
1st Dec 20148:00 amRNSCancellation - GRESHAM HOUSE PLC
1st Dec 20148:00 amBUSFirst Day of Dealings on AIM
28th Nov 201411:09 amRNSSchedule 1 update - Gresham House Plc
28th Nov 20147:00 amBUSSupplementary Notice - Property Update
31st Oct 201411:45 amBUSResult of EGM
21st Oct 201412:34 pmBUSProperty Update
14th Oct 20143:38 pmBUSDirector Declaration
8th Oct 20144:03 pmBUSPosting of Circular
8th Oct 20148:00 amBUSProposed Delisting, AIM Admission, Placing and GM
6th Oct 201411:01 amBUSHolding(s) in Company
3rd Oct 20144:04 pmBUSStatement re. Update to Proposals for the future of the Company
28th Aug 20147:00 amBUSHalf-yearly Report
1st Aug 20147:00 amBUSDirectorate Change
25th Jun 20145:12 pmBUSNotice of Results
25th Jun 20147:00 amBUSFurther re Proposals for the future of the Company
22nd May 20147:00 amBUSInterim Management Statement
1st May 20147:00 amBUSPortfolio Update
29th Apr 20147:00 amBUSFinal Results
28th Apr 20147:00 amBUSDirectorate Change
23rd Jan 201412:03 pmBUSStatement re Investment Trust Status
11th Dec 201312:00 pmBUSStatement re Investment Trust Status
4th Dec 20131:55 pmBUSHolding(s) in Company - Replacement

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