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Pin to quick picksWynnstay Props. Regulatory News (WSP)

Share Price Information for Wynnstay Props. (WSP)

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855.00    0.00 (0.00%)
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Spread: 30.00 (3.571%)
Market Cap: £23.06m
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Trading Update

27 Mar 2018 16:37

RNS Number : 1366J
Wynnstay Properties PLC
27 March 2018
 

WYNNSTAY PROPERTIES PLC

("Wynnstay" or "the Company")

Trading Update

27 March 2018

 

Following the Company's financial year-end on 25 March 2018 Wynnstay provides a trading update ahead of the announcement of its financial results on or about 14 June 2018.

 

Wynnstay's independent valuers have revalued the Company's investment properties at 25 March 2018 to £30,070,000. This represents an increase of £1,631,000 over the book value at 25 March 2017 (adjusted for disposals) and equates to approximately 60 pence per share.

 

This significant increase in value is a result of the successful negotiation of several important lease extensions, lease renewals and rent reviews during the period. These positive outcomes have further enhanced the lease profile and future income stream of the portfolio

 

The increase in the property valuation, together with anticipated and actual profits on disposal of investment properties and trading profits is expected to result in an increase in net asset value per share from 25 March 2017 of approximately 100 pence per share. All figures quoted are subject to audit.

 

This announcement contains inside information for the purpose of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

 

Enquiries:

Wynnstay Properties PLC

Toby Parker - Finance Director - 020 7554 8769

Nominated Adviser and Broker

Panmure Gordon (UK) Limited Andrew Potts - 020 7886 2500

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTSELFIWFASEDD
Date   Source Headline
8th Apr 201511:56 amRNSTrading Update
19th Nov 201412:35 pmRNSHalf Yearly Report
17th Jul 201410:39 amRNSHolding(s) in Company
30th Jun 20145:10 pmRNSDirector/PDMR Shareholding
17th Jun 20147:00 amRNSFinal Results
18th Dec 20132:51 pmRNSBanking Facility
15th Nov 20138:58 amRNSHalf Yearly Report
27th Aug 201312:02 pmRNSDirector/PDMR Shareholding
17th Jul 201311:34 amRNSDirector/PDMR Shareholding
11th Jul 20135:13 pmRNSAGM Statement
13th Jun 201312:22 pmRNSFinal Results
8th Nov 201212:48 pmRNSHalf Yearly Report
23rd Jul 201212:13 pmRNSDirector/PDMR Shareholding
19th Jul 201212:41 pmRNSResult of AGM
19th Jun 20127:00 amRNSFinal Results
10th Nov 20117:00 amRNSHalf Yearly Report
14th Jul 20111:41 pmRNSResult of AGM
15th Jun 201112:01 pmRNSNotice of General Meeting
15th Jun 201112:00 pmRNSFinal Results
10th Nov 20107:00 amRNSHalf Yearly Report
29th Jul 20104:08 pmRNSChange of Registered Office
14th Jul 20104:33 pmRNSResult of AGM
11th Jun 20105:20 pmRNSFinal Results
5th Mar 20104:02 pmRNSTransaction in Own Shares
4th Mar 20103:41 pmRNSPurchase of Own Shares - CORRECTION
19th Feb 20107:45 amRNSTransaction in Own Shares
28th Jan 201011:18 amRNSPosting of Letter to Shareholders
22nd Jan 201011:53 amRNSResult of EGM
17th Dec 20097:00 amRNSNotice of EGM
5th Nov 20094:49 pmRNSHalf Yearly Report
15th Jul 20091:40 pmRNSAGM Statement
18th Jun 20095:44 pmRNSFinal Results
27th Mar 200912:31 pmRNSPre-close Trading Update
6th Nov 20089:00 amRNSInterim Results
30th Oct 20084:02 pmRNSHolding(s) in Company
16th Jul 20082:13 pmRNSResult of AGM
23rd Jun 20087:00 amRNSFinal Results
2nd Jun 20089:45 amRNSAcquisition
10th Apr 20083:56 pmRNSHolding(s) in Company
2nd Apr 20087:00 amRNSTrading Statement
19th Dec 200712:15 pmRNSHolding(s) in Company
22nd Nov 200711:51 amRNSInterim Results
15th Aug 200711:21 amRNSAIM Rule 26 Information
26th Jul 20073:55 pmRNSResult of AGM/Directorate
23rd Jul 20074:21 pmRNSHolding(s) in Company
19th Jun 20079:42 amRNSFinal Results
27th Mar 20073:46 pmRNSTrading Statement
28th Feb 20077:01 amRNSDisposal
15th Dec 200611:40 amRNSTotal Voting Rights
1st Dec 200612:01 pmRNSDirector/PDMR Shareholding

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