Harworth Gp Regulatory News (HWG)

13 April 2017

Harworth Group secures planning for major commercial development at former Kellingley Colliery

Harworth Group plc ("Harworth" or the "Company"), the brownfield regeneration and property investment specialist, is pleased to announce that it has secured a resolution to grant planning permission for a major commercial redevelopment of the former Kellingley Colliery in Yorkshire.

The 151-acre site, located close to the M62 and other transport links, will provide up to 1.45 million sq. ft of manufacturing and distribution space. It is estimated that, once complete, the redeveloped site could generate several hundred new jobs.

Harworth took control of the site in March 2016, following the closure of the colliery in December 2015. The Company has spent the last twelve months undertaking site safety and security works, including demolishing redundant industrial structures, whilst masterplanning the site for future employment uses.

Owen Michaelson, Chief Executive of Harworth, said:

"We are delighted to have secured a resolution to grant planning permission for this major redevelopment, which will bring jobs and investment to the region. It is further evidence of the ability of our Capital Growth team to regenerate former industrial sites into sustainable developments for the benefits of local communities and underpins our strategy to drive long term value for shareholders." 

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About Harworth Group

Listed on the main market, Harworth Group plc (LSE: HWG) is a leading brownfield regeneration and property investment specialist which owns and manages a portfolio of approximately 22,000 acres of land over 140 sites located throughout the Midlands and North of England. The Company specialises in the regeneration of former coalfield sites and other brownfield land into employment areas, new residential developments and low carbon energy projects.

http://www.harworthgroup.com/