REG - Conygar Investmnt Co - Freeport status for Anglesey

Conygar Investment CoAnnouncement

24/03/2023 07:00

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RNS Number : 0744U  Conygar Investment Company PLC(The)  24 March 2023

 

 

The Conygar Investment Company PLC ("Conygar" or the "Group")

Freeport status for Anglesey

The Conygar Investment Company PLC, the property investment and development
group, is pleased to acknowledge the success of the Anglesey Freeport Bid
Consortium in securing Freeport status for Anglesey. The 203 acre brownfield
site at Rhosgoch, owned by the Group, will be included within the Freeport
special areas. The Freeport will form special zones with simplified customs
procedures, relief on customs duties, tax benefits and development
flexibility. In addition, Conygar owns the Holyhead Waterfront Development
which will benefit from new investment created on the island.

Freddie Jones, Director of Conygar "We are delighted that the Anglesey
Freeport bid has been successful and believe it will be transformational for
the island and a significant boost for the economy going forward."

Enquiries:

The Conygar Investment Company PLC

Robert Ware/Freddie Jones
 
 
020 7258 8670

 

Temple Bar Advisory (Public Relations)

Alex Child-Villiers/Will Barker
 
                020 7183 1190

 

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