15th Mar 2017 09:52
Date of issue: 15th March 2017
ST. MODWEN PROPERTIES PLC
("St. Modwen" or the "Company")
RE PRESS SPECULATION / NCGM SALE PROCESS UPDATE
As previously announced by St. Modwen Properties PLC (LSE: SMP), a process regarding the sale of a 10-acre site at New Covent Garden Market is currently being undertaken. St. Modwen can confirm that a period of exclusivity which was recently granted to a prospective purchaser has now expired. The prime riverside site in central London has received high levels of interest and the sale process with other prospective purchasers continues.
Further announcements will be made as and when appropriate in due course.
-ENDS-
ENQUIRIES:
St. Modwen Properties PLC | Tel: 0121 222 9400 |
Mark Allan, Chief Executive | www.stmodwen.co.uk |
Rob Hudson, Group Finance Director | |
Charlotte McCarthy, Head of PR and Communications | |
FTI Consulting | Tel: 020 3727 1000 |
Dido Laurimore/Tom Gough/ Ellie Sweeney |
Related Shares:
SMP.L