8th Jan 2007 07:00
Artisan (UK) PLC08 January 2007 Artisan (UK) plc New Site Purchases Artisan (UK) plc ('Artisan' or 'the Company'), the housebuilder and commercial business park developer, is pleased to announce three recent land purchases at a cost of £3.6m. Rippon Homes has recently completed the purchase of the new sites in and around Mansfield, its core area of activity. These include a Mansfield Woodhouse sitethat will consist of 22 homes, incorporating a mix of 4 bedroom detached homes and 3 bedroom starter family units, and a Mansfield site that will comprise of 32 homes, with a similar mix to the Mansfield Woodhouse site. Rippon Homes has also completed the purchase of a site for their premium brand, Living Heritage, in the centre of Farnsfield, a village situated between Mansfieldand Nottingham. This site is more select and will provide for 10 larger detached and semi-detached homes on a rare site in this historic village. Chris Musselle, Chief Executive of Artisan commented: 'The acquisition of these sites is in line with our objective of acquiring new sites to provide for future growth in the business. These sites are carefully chosen to provide the type of accommodation sought by families without resorting to excessive concentrations of three storey units. With further sitesin the course of acquisition and yet more sites agreed, it underlines our confidence in the future of this business.' Artisan (UK) plcChris Musselle Chief Executive 01480 436666 [email protected] Homes Limited John Jones Managing Director 01623 659000 [email protected] Brewin Dolphin Securities LimitedIfor Williams Nominated advisers 0121 236 7000 Bankside Consultants Simon Rothschild Financial PR advisers 020 7367 8888 07703 167065 Company website: www.artisan-plc.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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