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REG - Conygar Investmnt Co - Resolution to grant planning

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RNS Number : 5156M  Conygar Investment Company PLC(The)  24 May 2022

For immediate release

24 May 2022

THE CONYGAR INVESTMENT COMPANY PLC

RESOLUTION TO GRANT PLANNING AT THE ISLAND QUARTER

The Conygar Investment Company PLC ("Conygar") is pleased to announce that
Nottingham City Council has passed a resolution to grant planning for the next
phase of The Island Quarter.

This phase of the development comprises 247 BTR apartments, 223 hotel rooms,
400 co-working desks as well as a food and beverage provision.

Robert Ware, Chief Executive, commented: "We are delighted that the Council
have approved the plans for the next phase of our exciting project in
Nottingham. This builds on our success in achieving permission for the student
accommodation and the soon-to-open venue at Canal Turn".

Enquiries:

The Conygar Investment Company PLC

Robert Ware / Christopher Ware: 020 7258 8670

 

Liberum Capital Limited (Nominated Adviser and Broker)

Richard Lindley / Jamie Richards: 020 3100 2222

 

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Will Barker: 07827 960151

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019. Upon the publication of this announcement via the Regulatory
Information Service, this inside information is now considered to be in the
public domain.

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