22nd Feb 2021 14:49
RNS Number : 9350P
Foxtons Group PLC
22 February 2021
This announcement contains inside information.
Monday 22 February 2021
Foxtons Group plc
("Foxtons" or the "Company")
Response to Press Speculation
Further to recent press speculation, Foxtons confirms that it is in discussions regarding a potential acquisition of Douglas & Gordon, the London based estate agent. These discussions reflect the Company's stated ambition to acquire high quality businesses with strong lettings books. Any potential acquisition would be funded by the Company's existing cash resources.
There can be no certainty that an acquisition of Douglas & Gordon will be completed.
A further announcement will be made if and when appropriate.
Enquiries
Sanctuary Counsel |
|
Robert Morgan | +44 7557 413 275 |
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