REG - Wynnstay Properties - AGM Trading Update

Wynnstay PropertiesAnnouncement

Wed 07:00

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RNS Number : 1801R  Wynnstay Properties PLC  16 July 2025

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WYNNSTAY PROPERTIES PLC

 

("Wynnstay" or "the Company")

 

AGM Trading Update

 

16 July 2025

 

Wynnstay Properties PLC (AIM:WSP) is pleased to provide a trading update ahead
of the Annual General Meeting of the Company to be held later today:

 

o  Wynnstay has completed or agreed terms in the first quarter for the
financial year ending 25 March 2026 (the "Current Financial Year") for two new
open market lettings on units at its Liphook and Hailsham properties, both at
higher rents than previously received.

o  Wynnstay has also completed the lease renewal of a unit at its Lichfield
property at a substantially increased rent (+29%).  This follows the lease
renewals at Aldershot (+40%) and Tonbridge (+49%) already reported by the
Company in its Annual Report for the year ended 25 March 2025.

o  In the first quarter of the Current Financial Year two further tenant
break options have lapsed, in addition to the nine break options already
reported by the Company in its Annual Report for the year ended 25 March 2025,
thus demonstrating strong tenant retention within the portfolio

o  Wynnstay's portfolio remains fully let.

o  There are no material rent arrears for the first quarter of the Current
Financial Year.

 

 

For further information please contact:

 

Wynnstay Properties plc

Philip Collins (Chairman)

Chris Betts (Managing Director)

07469 042389

 

Zeus (Nominated Adviser and Broker)

Mike Coe, Darshan Patel, Oscar Stack

020 3829 5000

LEI number: 2138006MASI24JYW5076

For more information on Wynnstay, visit www.wynnstayproperties.co.uk
(http://www.wynnstayproperties.co.uk)

 

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