Conygar Investment Company PLC(The) Acquisition of Development Site at Rhosgoch (8261B)
October 09 2015 - 7:10AM
UK Regulatory
TIDMCIC
RNS Number : 8261B
Conygar Investment Company PLC(The)
09 October 2015
For immediate release
9 October 2015
THE CONYGAR INVESTMENT COMPANY PLC
ACQUISITION OF DEVELOPMENT SITE AT RHOSGOCH, ANGLESEY
The Conygar Investment Company PLC ("Conygar" or the "Company"),
the property investment and development group, announces that it
has completed the acquisition of the freehold of the former Shell
Storage Facility site near Rhosgoch, Anglesey for a consideration
of GBP3 million.
This 203 acre brown field site is located approximately 3 miles
from Amlwch Port and 6.5 miles from the site of the existing and
proposed Wylfa Nuclear Power Station.
Robert Ware, Chief Executive of Conygar commented;
"We are pleased to have acquired this site which is ideally
located to provide a base for a range of support facilities which
we believe will be required by the contractors engaged in the
construction of the multi-billion pound nuclear power station
project.
In addition, it is also well suited to a number of other uses
such as a solar farm and gas fuel energy projects. We will now be
working towards submitting planning applications within the next
twelve months."
Enquiries:
The Conygar Investment Company PLC
Robert Ware: 020 7258 8670
Liberum Capital Limited (Nominated Adviser and Broker)
Richard Bootle: 020 3100 2222
Temple Bar Advisory (Public Relations)
Alex Child-Villiers: 07795 425580
This information is provided by RNS
The company news service from the London Stock Exchange
END
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