TIDMSMP

RNS Number : 5404Z

St. Modwen Properties PLC

15 March 2017

Date of issue: 15(th) March 2017

ST. MODWEN PROPERTIES PLC

("St. Modwen" or the "Company")

RE PRESS SPECULATION / NCGM SALE PROCESS UPDATE

As previously announced by St. Modwen Properties PLC (LSE: SMP), a process regarding the sale of a 10-acre site at New Covent Garden Market is currently being undertaken. St. Modwen can confirm that a period of exclusivity which was recently granted to a prospective purchaser has now expired. The prime riverside site in central London has received high levels of interest and the sale process with other prospective purchasers continues.

Further announcements will be made as and when appropriate in due course.

-ENDS-

ENQUIRIES:

 
 St. Modwen Properties PLC                           Tel: 0121 222 9400 
 Mark Allan, Chief Executive                         www.stmodwen.co.uk 
 Rob Hudson, Group Finance Director 
 Charlotte McCarthy, Head of PR and Communications 
 
   FTI Consulting                                    Tel: 020 3727 1000 
 Dido Laurimore/Tom Gough/ Ellie Sweeney

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 15, 2017 05:52 ET (09:52 GMT)

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