Picture of Ediston Property Investment logo

EPIC — Ediston Property Investment News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsConservativeSmall CapNeutral

Ediston Prop Inv - Sale of leisure asset, Mecca Bingo Limited

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220413:nRSM1406Ia&default-theme=true

RNS Number : 1406I  Ediston Property Inv Comp PLC  13 April 2022

13 April 2022

 

Ediston Property Investment Company plc (the 'Company')

(LEI: 213800JRL87EGX9TUI28)

 

Sale of leisure asset, Mecca Bingo Limited, The Lanyard, Hartlepool

 

 

The Ediston Property Investment Company plc (LSE: EPIC) confirms that it has
sold its leisure asset at The Lanyard, Hartlepool, which is let to Mecca Bingo
Limited. The sale price of £2,620,000 is 16.4% above the most recent
valuation of the property (31 December 2021).

 

The impact of the sale will be accounted for as part of the overall movement
in the portfolio value in the next NAV announcement, for the quarter ended 31
March 2022, to be made in April 2022.

 

 

 

End

 Enquiries
 Will Barnett    - Investec Bank plc                                  0207 597 5873
 Calum Bruce     - Ediston Properties Limited                         0131 225 5599
 Ruth Wright     - JTC                                                0203 893 1011
 Ben Robinson    - Kaso Legg Communications                           0203 995 6672
 Stephanie Ross  - Kaso Legg Communications                           0203 995 6676

 
 

 
 

 
 
 

 
 

 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGPUMACUPPGCP

Recent news on Ediston Property Investment

See all news