15th Dec 2015 17:33
LONDON (Alliance News) - Northamber PLC on Tuesday said its chairman has noted that "based on indications received" the value of both properties are "likely to be greater than their existing book values, subject to planning permission".
Outlining the company's performance and strong financial position at its annual meeting of shareholders, Chairman David Phillips "noted that consideration continued to be given to the property and the capital structure of the company, so as to best support both the business and its capital efficiencies", Northamber said.
Shares in Northamber were untraded on Tuesday, closing at 35.00 pence.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Northamber