REG - Conygar Investmnt Co - Completion of sale of land at Rhosgoch

Conygar Investment CoAnnouncement

07/11/2025 14:30

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RNS Number : 7327G  Conygar Investment Company PLC(The)  07 November 2025

 

 

 7th November 2025

THE CONYGAR INVESTMENT COMPANY PLC

Sale of land at Rhosgoch

The Conygar Investment Company PLC ('Conygar') announces that it has completed
the sale of its land holding at Rhosgoch in Anglesey to Rhosgoch Property Ltd,
a wholly owned subsidiary of Stena Line (UK) Ltd for £18.5 million.

As a result, the company has repaid the £5.6 million ASK Partners loan
secured against the 36 acre Island Quarter site in Nottingham City Centre,
leaving the development land unencumbered. The remaining cash will be used for
the Group's ongoing operations and working capital, primarily at The Island
Quarter. The Group will record a profit of £15.8 million from the transaction
based on the March 2025 accounts valuation of £2.5 million.

Freddie Jones, Property Director commented:

"We are delighted to have completed the sale of this asset to Stena and to
continue our strong working relationship with them. We now look forward to
advancing our other operations."

The information contained within this announcement is deemed by the Group to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018.

Enquiries:

The Conygar Investment Company PLC

Freddie Jones / Robert Ware: 020 7258 8670

Panmure Liberum (Nominated Adviser and Broker)

Chris Clarke / Jamie Richards: 020 3100 2185

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Sam Livingstone: 07769 655437

 

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