Brief: Caledonian Trust Provides Update On Sale Of St Margaret's House

Caledonian Trust

23/08/2019 18:24

Aug 23 (Reuters) - Caledonian Trust PLC  CNN.L :
    * CALEDONIAN TRUST PLC  - UPDATE ON PROPOSED SALE OF ST MARGARET'S HOUSE
    * CALEDONIAN TRUST PLC - DIRECTORS' EXPECTATIONS REMAIN THAT COMPLETION OF
PROPOSED DISPOSAL WILL TAKE PLACE BY 24 MAY 2021.
    * CALEDONIAN TRUST - CO, DRUM PROPERTY GROUP AGREED TO FURTHER AMENDMENT TO
AMENDED MISSIVES ENTERED ON 23 MAY, IN RELATION TO PROPOSED DISPOSAL
    * CALEDONIAN - AMENDMENT TO MISSIVES TO NOT AFFECT CONSIDERATION FOR
DISPOSAL,
WHICH REMAINS AS £15M PAYABLE TO CO ON COMPLETION OF DISPOSAL IN CASH

Source text for Eikon:  ID:nRSW1229Ka 
Further company coverage:  CNN.L 

 ((Reuters.Briefs@thomsonreuters.com;))