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Acquisition Update

29th Jul 2015 07:01

RNS Number : 3697U
Market Tech Holdings Limited
29 July 2015
 

Market Tech Holdings Limited

 

("Market Tech" or "the Company")

 

 

Acquisition update

 

 

Market Tech (AIM: MKT), the holding company that combines 14 acres of London real estate assets, including the iconic main Camden Markets, with a technology and e-commerce business, announces that further to the announcement on 18 June 2015, the acquisition of 1-11 Hawley Crescent NW1 is now intended to complete on 10 August 2015.

 

 

- Ends -

 

 

Market Tech

Charles Butler, Chief Executive Officer

Andrew Bull, Chief Financial Officer

c/o Bell Pottinger

 

+44 (0) 20 3772 2500

Shore Capital - Nomad and Joint Broker

Dru Danford

Toby Gibbs

 

+44 (0) 20 7408 4090

Canaccord Genuity Limited - Joint BrokerBruce GarrowChris ConnorsMark Whitmore

 

+44 (0) 20 7523 8000

Bell Pottinger

David Rydell

Olly Scott

David Bass

James Newman

 

+44 (0) 20 3772 2500

 

 

About Market Tech

 

Market Tech combines the iconic Camden Market real estate assets with an e-commerce business operated through online platforms camdenmarket.com and market.com. Its real estate assets business is focused on retail, leisure and entertainment. The Company owns approximately 14 acres of real estate assets in Camden, including the Stables Market; Union Street Market, (also known as Buck Street Market); Camden Lock Market; and Hawley Wharf, (also known as Camden Lock Village). It also owns separate real estate assets on Camden High Street; Kentish Town Road; properties on Jamestown Road, (including the Camden Wharf Building); The Interchange Building on Oval Road and Utopia Village in Primrose Hill.

 

In recent months the Company has acquired two e-commerce businesses, enhancing its online platform. These strategic acquisitions have included Stucco Media, an e-commerce marketing platform; and Glispa, a Berlin-based mobile marketing business.

 

www.market-tech.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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