Ediston Property Inv Comp PLC Sale of leisure asset, Mecca Bingo Limited
13 Abril 2022 - 01:00AM
UK Regulatory (RNS & others)
TIDMEPIC
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 GBP2,620,000
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
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END
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April 13, 2022 02:00 ET (06:00 GMT)
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