Conygar Investment sells Nottingham gym for GBP6.8 million
(Alliance News) - Conygar Investment Co PLC on Tuesday said it has exchanged contracts to sell the Virgin Active gym at the Island Quarter in Nottingham to Monoprop Ltd. Read More
(Alliance News) - Conygar Investment Co PLC on Tuesday said it has exchanged contracts to sell the Virgin Active gym at the Island Quarter in Nottingham to Monoprop Ltd. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and Monday and not separately reported by Alliance News: Read More
(Alliance News) - European stocks were higher at midday on Monday, following reports of accelerated business activity in the eurozone for a third consecutive month, and investor hopes for a more targeted approach from US tariffs. Read More
Conygar Investment Co - London-based property investment and development firm - Restructures debt facility in connection with development loan from Barclays PLC to its subsidiary. Says the restructuring extends the final repayment date of the loan to December 23 from Sunday. This enables further letting and stabilisation of Winfield Court, which it says was provided as security for the loan. Adds that the total facility amount reduces to GBP46.6 million from GBP47.5 million, with the interest rate margin payable falling to 2.0% from 3.25%. Says this will be offset by inclusion of a GBP500,000 exit fee. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced so far in 2025 and not separately reported by Alliance News: Read More
Conygar Investment Co PLC - property investment and development group - Notes practical completion of its first phase of student accommodation at the Island Quarter in Nottingham. Says phase was completed on Monday. Adds that the property, which comprises 693 beds, in addition to amenity space, is now under the control of its appointed manager Fresh Property Group and available for occupation. Read More
Conygar Investment Co PLC - property investment and development group - Says that Non-Executive Chair Nigel Hamway, and Chief Executive Robert Ware, bought 20,000 and 29,050 ordinary shares respectively on Tuesday at a price of 79.7 pence per share. Following these purchases, Hamway and Ware respectively hold 1.3 million ordinary shares and 4.9 million ordinary shares, representing 2.1% and 8.1% of Conygar's share capital. Read More
Conygar Investment Co PLC - property investment and development group - Buys long-leasehold interest of site occupied by Virgin Active gym on the Great Northern Close at The Island Quarter in Nottingham. Conygar already owns the freehold of the site via the leasehold bought from Wood Pension fund. The purchase is for GBP5.9 million amid a signing of a new direct 25-year lease with Virgin Active at a rent of GBP600,000 per year with a 12-month rent free period spread across the first 24 months. "This will replace the rent received by Conygar from the long-leasehold, which amounted to 10% of the rent previously received by the Vendor from Virgin Active," Conygar explains. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Conygar Investment Co PLC - London-based property investor and developer - Submits application for the next phase of development at The Island Quarter, Nottingham. Does not specify where this application has been submitted. Says the application comprises a 383-bed student accommodation scheme. Chief Executive Officer Robert Ware says: "Nottingham is home to two top class universities and this scheme will be an excellent addition to the mixed-use development we are creating at The Island Quarter." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Conygar Investment Co PLC - London-based property investor and developer - Enters into new debt facility deal with ASK Partners Ltd for a maximum of GBP12 million with a minimum term of two years and an interest rate of Bank of England base rate plus a margin of 5.9%. Says it will be used to further progress certain plots at The Island Quarter site in Nottingham, alongside to the planning application for its potential acquisition site in Bristol. The loan is secured on part of The Island Quarter site. Read More
Conygar Investment Co PLC - London-based property investor and developer - Raises GBP15.0 million via placing and parent subscription of 15.0 million zero dividend preference shares at a price of GBP1.00 per ZDP share. Says the ZDP shares have a life of five years and a final capital entitlement of 153.86 pence per ZDP Share on the October ,4 2028, the repayment date. This is equivalent to an annual gross redemption yield of 9.0% on the issue price. Admission of new shares is expected on the International Stock Exchange on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Conygar Investment Co PLC on Wednesday said it swung to a loss in the six months to March 31 as costs multiplied, and saw its net asset value decline slightly. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Conygar Investment Co PLC on Thursday that Conygar Bristol Ltd, its joint-venture with Urban & City Ltd on a 80:20 ownership basis, has acquired an option for GBP450,000 from Wholesale Bristol Fruit Market Ltd to acquire land at St Philips Marsh, Bristol. Read More
Conygar Investment Co PLC - property investor and developer - Notes success of the Anglesey Freeport bid consortium in securing freeport status for Anglesey from the UK and Welsh governments. Says its 203 acre brownfield site at Rhosgoch, Wales, will be included within the freeport special areas. Explains that the freeport will form special zones with simplified customs procedures, relief on customs duties, tax benefits and development flexibility. Read More
(Alliance News) - Conygar Investment Co PLC on Monday said that it has agreed to dispose of its development site at Haverfordwest in Pembrokeshire for gross proceeds of GBP9.7 million. Read More