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7 Aug 2013 07:15

LONDON AND ASSOCIATED PROPERTIES PLC - Disposal

PR Newswire

London, August 6

FOR IMMEDIATE RELEASE 7th August 2013 LONDON & ASSOCIATED PROPERTIES PLC: DISPOSAL OF TWO FULLY LET RETAIL PROPERTIES FOR £9.38M London & Associated Properties Plc ("LAP"), the focused retail investor, todayannounces that it has completed the sale of two fully let freehold retailproperties for a total cash consideration of £9.48m. The properties, a Primark unit in Chesterfield and the Superdry unit in Windsor,generate net income of approximately £700,000 and were valued at £9.48m as at31 December 2012. Proceeds of the sale have been used to pay down two debentures totalling £6.7m:a £5m debenture maturing 2013 at 11.3% and a £1.7m 2016 debenture at 8.67%. Ends. Contact: LAP 020 7415 5000 John Heller, Chief Executive or Robert Corry, Finance Director Baron Phillips Associates 020 7920 3161

Baron Phillips

Date		Source	Headline
17th Jul 2008	4:41 pm	RNS	Second Price Monitoring Extn
17th Jul 2008	4:36 pm	RNS	Price Monitoring Extension
8th Jul 2008	7:00 am	PRN	New Joint Venture Retail Acquisition
12th Jun 2008	9:52 am	PRN	Result of AGM
11th Jun 2008	10:45 am	PRN	Interim Management Statement
9th Jun 2008	4:31 pm	PRN	Annual Information Update
16th May 2008	10:58 am	PRN	Annual Report and Accounts
31st Mar 2008	8:02 am	PRN	Final Results - 2 of 2
31st Mar 2008	8:01 am	PRN	Final Results - 1 of 2
26th Mar 2008	7:00 am	PRN	GBP16.5m Property Sales
11th Mar 2008	4:40 pm	RNS	Second Price Monitoring Extn
11th Mar 2008	4:35 pm	RNS	Price Monitoring Extension
6th Mar 2008	4:40 pm	RNS	Second Price Monitoring Extn
6th Mar 2008	4:35 pm	RNS	Price Monitoring Extension
1st Feb 2008	4:35 pm	RNS	Price Monitoring Extension
28th Jan 2008	7:00 am	PRN	Acquisition(s)
15th Jan 2008	7:00 am	PRN	Solihull Retail Investment Acquired
19th Dec 2007	10:42 am	PRN	Transaction in Own Shares
6th Dec 2007	2:18 pm	PRN	Further STG 40m loans hedged
27th Nov 2007	8:00 am	PRN	GBP2.1 Million Interest Rate Saving
19th Nov 2007	3:48 pm	PRN	Transaction in Own Shares
17th Oct 2007	12:13 pm	PRN	Topshop letting at Windsor
12th Oct 2007	4:13 pm	PRN	Transaction in Own Shares
26th Sep 2007	7:00 am	PRN	Half-yearly Report
25th Sep 2007	3:47 pm	PRN	EGM Statement
25th Sep 2007	3:00 pm	PRN	Acquisition(s)
24th Sep 2007	10:38 am	PRN	EGM Statement
14th Sep 2007	4:00 pm	PRN	Proposed Acquisition - Notice of EGM
11th Sep 2007	8:50 am	PRN	Sheffield Pre-Let
7th Sep 2007	1:46 pm	PRN	Acquisition(s)
13th Aug 2007	7:00 am	PRN	Disposal
8th Jun 2007	5:31 pm	PRN	Annual Information Update
5th Jun 2007	5:23 pm	PRN	Result of AGM
4th May 2007	11:37 am	PRN	Annual Report and Accounts
25th Apr 2007	12:48 pm	PRN	Holding(s) in Company
25th Apr 2007	12:47 pm	PRN	Holding(s) in Company
25th Apr 2007	12:45 pm	PRN	Holding(s) in Company
25th Apr 2007	12:43 pm	PRN	Holding(s) in Company
25th Apr 2007	12:40 pm	PRN	Holding(s) in Company
25th Apr 2007	12:39 pm	PRN	Holding(s) in Company
25th Apr 2007	12:37 pm	PRN	Holding(s) in Company
25th Apr 2007	12:33 pm	PRN	Holding(s) in Company
27th Mar 2007	7:05 am	PRN	Final Results
8th Mar 2007	7:00 am	PRN	Disposal
20th Dec 2006	4:48 pm	PRN	Correction: Total Voting Rights
20th Dec 2006	9:00 am	PRN	Total Voting Rights
25th Sep 2006	7:00 am	PRN	Appointment of Financial Adviser and Corporate Broker
25th Sep 2006	7:00 am	PRN	Completion of Acquisition
13th Sep 2006	12:17 pm	PRN	Result of EGM
5th Sep 2006	3:28 pm	PRN	Doc re Proposed Acquisition

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