TIDMCIC

RNS Number : 8414X

Conygar Investment Company PLC(The)

11 May 2016

11 May 2016

THE CONYGAR INVESTMENT COMPANY PLC

Planning Application for M&S Food Hall at Ashby-de-la-Zouch Site, Leicestershire

The Conygar Investment Company PLC ("Conygar"), the property investment and development group, announces that it has submitted a planning application on its development site at Nottingham Road, Ashby-de-la-Zouch. The application, submitted to Leicestershire County Council, is for a Marks & Spencer "Food Hall", measuring approximately 11,000 sq. ft., with associated parking, services and landscaping.

Conygar has a further 2 acres available for development and is in discussions with potential occupiers on that remaining land.

Jones Bros. Civil Engineering are currently on site constructing the spine road and utility services that will open the site up for future development. This enabling works package is due to complete this week.

Robert Ware, Chief Executive, commented:

"We are pleased to announce the submission of this planning application for our gateway site in Ashby and hope to be on site later this year."

Enquiries:

The Conygar Investment Company PLC

Robert Ware / Ross McCaskill: 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

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May 11, 2016 02:00 ET (06:00 GMT)

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