27th Nov 2009 07:00
Pinewood Shepperton plc
Project Pinewood Update
Pinewood Shepperton plc (the "Company") is the leading European provider of studio and related services to the worldwide film and television industry. On 01 June 2009, following extensive public consultation, the Company submitted its planning application to South Bucks District Council ("SBDC") for Project Pinewood, a long term scheme of national significance to expand Pinewood Studios and create a living and working community for the creative industries. The planning application was refused on 21 October 2009, principally on the grounds that it comprised development in the green belt. The Company has also been notified of an application to register a part of its proposed site as a Town or Village Green. The company will contest this application. Objections to and initial refusal of the planning application were anticipated. The Company remains committed to progressing further its application for the relevant permissions for this important project.
For further information, please contact:
Pinewood Shepperton plc
Ivan Dunleavy - Chief Executive 01753 656 183
Brunswick Group LLP
James Olley / Oliver Hughes 020 7404 5959
www.pinewoodgroup.com
Related Shares:
PWS.L