Bailey(C.H.) PLC Conditional disposal of Maltese asset (3400W)
November 13 2017 - 7:31AM
UK Regulatory
TIDMBLEY
RNS Number : 3400W
Bailey(C.H.) PLC
13 November 2017
C H Bailey Plc
13(th) November 2017
Conditional disposal of Maltese asset
C H Bailey Plc ("the Company" or "the Group"), the diverse group
of businesses, with investments and operations around the world in
Leisure, Property principally in Tanzania, South Africa and Malta
and a UK engineering business, is pleased to announce a conditional
sale of 16 Charles Street, Malta for EUR1.725 million ("Conditional
Sale").
The Conditional Sale entered into a "Promise of Sale" agreement
under Maltese law and is subject to certain conditions prior to
completion. The Company expects completion to take place in the
first half of 2018.
Further announcements will be made in due course.
Further information:
Bryan Warren, Company Secretary
C H Bailey Plc
Tel: 01633 262961
William Vandyk, Ciaran Walsh
Arden Partners plc
Tel: 020 7614 5900
This information is provided by RNS
The company news service from the London Stock Exchange
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