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Sale of Site at Chobham

26 Jun 2006 15:30

McKay Securities PLC26 June 2006 PRESS RELEASE McKay Completes the Sale of Housing Site at Chobham McKay Securities PLC is pleased to announce that it has completed the sale of10.5 acres of residential development land, with detailed planning consent for54 residential units, to Hodson Developments Ltd for £9.75 million. After acquiring the site and developing a 50,000 sq ft distribution depot in the1970's, McKay generated a significant uplift in value on obtaining planningconsent for residential use last year, after overcoming a complex and protractedplanning process, partly due to the site's greenbelt status. Net sale proceeds are marginally in excess of book value at 31st March 2006, butsubstantially in excess of the historical cost of £670,000. Contact: Simon Perkins - Managing DirectorMcKay Securities PLC0118 950 2333 26th June 2006 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
15th May 201810:49 amRNSHolding(s) in Company
3rd May 20187:00 amRNSNOTICE OF FULL YEAR RESULTS
4th Apr 20187:00 amRNSFURTHER PORTFOLIO REVERSION UNLOCKED AT PROSPERO
29th Mar 20187:00 amRNSCANCELLATION OF LEGACY INTEREST RATE SWAP
28th Mar 20187:00 amRNSMcKAY SELLS EGHAM INDUSTRIAL ASSET FOR £20 MILLION
27th Mar 20187:00 amRNSMcKAY FULLY PRE-LETS 30 LOMBARD STREET, EC3
7th Mar 201811:50 amRNSHolding(s) in Company
2nd Mar 20187:00 amRNSTrading Update
1st Mar 20181:43 pmRNSHolding(s) in Company
19th Feb 201812:15 pmRNSHolding(s) in Company
5th Feb 201812:45 pmRNSHolding(s) in Company
24th Jan 20183:17 pmRNSHolding(s) in Company
24th Jan 20189:52 amRNSHolding(s) in Company
20th Dec 20177:00 amRNSMcKAY AGREES FURTHER LETTING AT PROSPERO, REDHILL
19th Dec 201710:45 amRNSHolding(s) in Company
7th Dec 20177:00 amRNSPRE-LETS SECURED AT THE MILLE, BRENTFORD
13th Nov 20177:00 amRNSHALF YEAR RESULTS
3rd Nov 20177:00 amRNSPLANNING ACHIEVED FOR THEALE LOGISTICS PARK
31st Oct 20171:00 pmRNSHolding(s) in Company
30th Oct 20177:00 amRNSFURTHER LETTING PROGRESS AT PROSPERO
4th Oct 20179:00 amRNSNotice of Results
14th Sep 20174:35 pmRNSDirector/PDMR Shareholding
14th Sep 201710:41 amRNSDirectorate Change
12th Sep 20174:11 pmRNSDirector/PDMR Shareholding
24th Aug 20177:00 amRNSINCREASED RCF AND CHANGE OF VALUER
24th Jul 20172:25 pmRNSDirector/PDMR Shareholding
19th Jul 201711:30 amRNSDirector Declaration
18th Jul 20172:10 pmRNSDirector/PDMR Shareholding
7th Jul 20179:38 amRNSAGM Results
6th Jul 20177:00 amRNSTrading Update
30th Jun 201712:08 pmRNSTotal Voting Rights
30th Jun 201712:03 pmRNSDirector/PDMR Shareholding
28th Jun 20177:00 amRNSENTIRE READING OFFICE LET, UNLOCKING REVERSION
14th Jun 201712:03 pmRNSExercise of Options and Total Voting Rights
9th Jun 20172:24 pmRNSAGM date and time confirmation
22nd May 20177:00 amRNSFinal Results
3rd May 20179:00 amRNSNotice of Results
2nd May 201711:34 amRNSHolding(s) in Company
15th Mar 20177:00 amRNSTom Elliott appointment and directorate changes
8th Mar 20177:00 amRNSTrading Update
3rd Mar 20177:00 amRNSMcKAY SECURES FIRST LETTING AT PROSPERO, REDHILL
24th Feb 201712:01 pmRNSHolding(s) in Company
16th Feb 20177:00 amRNSDisposal of Pinehurst Park, Farnborough
18th Jan 20177:00 amRNSDirector Appointment
14th Dec 20167:00 amRNSFurther reduction of interest rate swap
8th Dec 201612:32 pmRNSHolding(s) in Company
15th Nov 20167:00 amRNSHalf Year Results
9th Nov 20164:40 pmRNSSecond Price Monitoring Extn
9th Nov 20164:35 pmRNSPrice Monitoring Extension
25th Oct 20167:00 amRNSNotice of Results

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