Workspace Group PLC Workspace announces further support for customers (9542J)
17 Abril 2020 - 1:00AM
UK Regulatory
TIDMWKP
RNS Number : 9542J
Workspace Group PLC
17 April 2020
London, 17 April 2020
WORKSPACE(R) GROUP PLC
ANNOUNCES FURTHER SUPPORT FOR CUSTOMERS
Workspace Group PLC ("Workspace" or "the Company"), one of
London's leading suppliers of flexible office space, today
announces further support for customers affected by COVID-19.
The Government restrictions on movement announced on 23 March
2020 have had a material effect on the businesses of many of our
customers, and we have received a large number of requests for
various forms of rent relief. As previously announced, Workspace is
already offering customers, on a case by case basis, the
opportunity to defer a proportion of their rental payments. We are
pleased to announce that the Company is also now offering
customers, in its business centres affected by the Government
restrictions, a rent reduction of 50 per cent. during the lock-down
period.
Graham Clemett, Chief Executive Officer, said:
"This is a very challenging time for all businesses, with many
suffering immediate and significant reductions in income and
adverse cashflow. While the Government is providing a number of
options to help businesses through this period, we have also been
exploring ways of supporting our customers. We appreciate that for
many customers this will only be the start of a very challenging
time, and it is right that we share that burden with
customers."
--ENDS--
For further information, please contact:
Workspace Group PLC +44 (0)7970 846
Cynthia Alers, Interim Head of Investor 041
Relations +44 (0)20 7369 2384
+44 (0)7715 375
Edelman 443
John Kiely
Rob Yates
Notes to Editors
About Workspace Group PLC:
Established in 1987, and listed on the London Stock Exchange
since 1993, Workspace owns and manages some 4 million sq. ft. of
business space in London. We are home to thousands of businesses,
including fast growing and established brands across a wide range
of sectors.
Workspace is geared towards helping businesses perform at their
very best. We provide inspiring, flexible workspaces in dynamic
London locations.
Workspace (WKP) is a FTSE 250 listed Real Estate Investment
Trust (REIT) and a member of the European Public Real Estate
Association (EPRA).
Workspace(R) is a registered trademark of Workspace Group PLC,
London, United Kingdom
LEI: 2138003GUZRFIN3UT430
For more information on Workspace, please visit
www.workspace.co.uk.
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 or visit www.rns.com.
END
MSCBIGDSCDBDGGL
(END) Dow Jones Newswires
April 17, 2020 02:00 ET (06:00 GMT)
Workspace (LSE:WKP)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Workspace (LSE:WKP)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024