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IN BRIEF: Sutton Harbour sells Harbour Arch Quay flat for GBP435,000

6th Mar 2023 18:51

Sutton Harbour Group PLC - Plymouth, England-based harbour operator - Exchanges contracts on the sale of an apartment in the company's development under construction, Harbour Arch Quay, to Beinhaker Design Services Ltd for GBP435,000. Notes that the sale represents a related party transaction, because Beinhaker Design Services Ltd represents 50% of the holdings of FB Investors LLP, which holds a 73% stake Sutton. Further, it is controlled by the Beinhaker family, including Corey Beinhaker and Philip Beinhaker, who are both directors of the company.

Current stock price: 21.00 pence

12-month change: down 13%

By Abby Amoakuh, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Sutton Harbour Holdings
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