Sale of Sicklaon
November 10 2010 - 10:41AM
UK Regulatory
TIDMNLD
RNS Number : 9753V
Nordic Land PLC
10 November 2010
10 November 2010
Nordic Land plc (the "Company")
Sale of Sicklaon
As announced on 18 October 2010 following the completion of the sale of the
subsidiaries which own its two principal properties, the sale of its remaining
property in Sicklaon was delayed until 10 November 2010 because Lehman Brothers
International Europe, as security agent, had been unable to locate the relevant
mortgage certificates without which the sale cannot proceed as planned.
The sale of Sicklaon has been further postponed until 24 November 2010 as the
relevant mortgage certificates have still not been located. Further details
will be provided in due course.
Contacts:
Nordic Land plc
Ray Horney, Chairman Tel: + 44 (0) 1273
775225
SP Angel Corporate Finance LLP Tel: + 44 (0) 20 7647
9650
Robert Wooldridge
Matrix Corporate Capital LLP
Stephen Mischler Tel: + 44 (0)
20 3206 7203
Bankside Consultants Ltd Tel: + 44 (0) 20
7367 8888
Simon Rothschild
This information is provided by RNS
The company news service from the London Stock Exchange
END
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