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Stobart Properties Disposal

3rd May 2012 07:00

RNS Number : 6302C
Stobart Group Limited
03 May 2012
 



 

 

3 May 2012

 

Stobart Group Limited

 

("Stobart" or "Company")

 

 

Stobart Properties Limited announces that it has sold its 20% stake in One Plantation Place Unit Trust ('OPPUT'), the owner of Plantation Place, London EC3, realising net proceeds of £8.1 million. The disposal of the Company's stake forms part of a larger transaction where 100% of the units in OPPUT have been sold.

 

Ends.

 

Mark Longson

020 7929 5599

Square1 Consulting

James Andrew

020 7287 9610

i-nfluence

 

 

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