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Pin to quick picksCaffyns Regulatory News (CFYN)

Share Price Information for Caffyns (CFYN)

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Share Price: 460.00
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Property Disposal

24 Apr 2015 17:30

RNS Number : 3292L
Caffyns PLC
24 April 2015
 



 

 

PROPERTY DISPOSAL

 

 

 

Caffyns plc (the "Company") announces that it has today exchanged contracts with Churchill Retirement Living Limited for the sale of part of the Company's freehold site at 5-7 Upperton Road, Eastbourne, East Sussex for £1.55m. The contract is conditional upon a High Court ruling relating to rights in respect of the part of the site being retained by the Company. The Court hearing is scheduled to be held on 15 June 2015. The interest of the Company in the retained part of the site comprises the freehold reversion in 24 ground leases of a block of flats.

 

The consideration is payable in cash on completion ten working days following the date on which the contract becomes unconditional.

 

The proceeds will be reinvested in the Company's business and used to reduce the Company's borrowings.

 

 

24 April 2015

 

 

 

Enquiries:

 

Simon Caffyn

Chief Executive

 

Mark Harrison

Finance Director

 

Telephone: 01323 730201

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISPGUBPCUPAGQC
Date   Source Headline
31st Jul 20093:56 pmRNSResponse to Shareholder Announcement
31st Jul 20097:00 amRNSResult of AGM
30th Jul 200911:30 amRNSAGM Statement
6th Jul 20094:56 pmRNSAnnual Information Update
2nd Jul 20095:12 pmRNSDirector/PDMR Shareholding
2nd Jul 20095:10 pmRNSDirector/PDMR Shareholding
2nd Jul 20094:55 pmRNSDirector/PDMR Shareholding
29th May 20097:00 amRNSFinal Results
7th Apr 20094:21 pmRNSHolding(s) in Company
27th Mar 20095:38 pmRNSPre-close Trading Update
18th Mar 20092:37 pmRNSDividend Declaration
26th Nov 20087:00 amRNSInterim Results
11th Sep 200812:20 pmRNSDividend Declaration
22nd Aug 20084:21 pmRNSProperty Disposals
8th Aug 200812:28 pmRNSDirectorate Change
24th Jul 20084:59 pmRNSResult of AGM
24th Jul 20084:51 pmRNSResult of AGM
23rd Jul 200811:30 amRNSAGM Interim Management Statem
18th Jul 20089:38 amRNSCorrection to Holding(s) in C
17th Jul 20085:40 pmRNSNotification of Major Interes
16th Jul 20086:15 pmRNSResponse to Shareholder Annou
29th May 20087:30 amRNSFinal Results
19th May 20089:27 amRNSNotice of Results
14th Apr 20081:21 pmRNSHolding(s) in Company
28th Feb 20083:16 pmRNSDirectorate Change
26th Feb 20081:48 pmRNSDividend Declaration
18th Jan 200811:39 amRNSAnnual Information Update
16th Jan 200812:26 pmRNSTrading Statement
23rd Nov 20077:30 amRNSInterim Results
19th Nov 200712:46 pmRNSDisposal
6th Sep 200710:18 amRNSDividend Declaration
26th Jul 200711:42 amRNSAGM Statement
16th Jul 20074:07 pmRNSTrading Statement
22nd Jun 20073:55 pmRNSDisposal
25th May 20077:01 amRNSFinal Results
20th Mar 20073:40 pmRNSTrading Statement
7th Mar 20072:26 pmRNSDividend Declaration
21st Feb 20072:47 pmRNSHolding(s) in Company
4th Jan 200711:44 amRNSProperty Disposal
28th Dec 20069:32 amRNSTotal Voting Rights
1st Dec 20066:49 pmRNSHolding(s) in Company
24th Nov 20068:00 amRNSInterim Results
6th Oct 20064:30 pmRNSStatement: property disposal
28th Sep 20061:41 pmRNSDividend Declaration
1st Sep 20062:33 pmRNSHolding(s) in Company
21st Aug 20063:57 pmRNSDirector/PDMR Shareholding
21st Aug 20063:55 pmRNSHolding(s) in Company
27th Jul 20063:18 pmRNSAGM Statement
2nd Jun 20067:30 amRNSPreliminary Results
22nd May 200610:53 amRNSNotice of Results

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