Conygar Investment Company PLC(The) AGREEMENT WITH PREMIER INN FOR HOLYHEAD HOTEL (8834J)
July 03 2017 - 2:30AM
UK Regulatory
TIDMCIC
RNS Number : 8834J
Conygar Investment Company PLC(The)
03 July 2017
For immediate release
3 July 2017
THE CONYGAR INVESTMENT COMPANY PLC
AGREEMENT WITH PREMIER INN FOR HOLYHEAD HOTEL
The Conygar Investment Company PLC ("Conygar"), the property
investment and development group, is pleased to announce that it
has exchanged a lease agreement with Premier Inn Hotels Ltd to
construct an 80 bedroom hotel, with an associated restaurant and
bar, at its gateway site at Parc Cybi, Holyhead, Anglesey. The
lease and construction of the hotel are conditional on planning
approval.
Robert Ware, Chief Executive of Conygar, said: "We are delighted
to have agreed terms with such a high-quality partner and are keen
to start construction work as soon as possible. Premier Inn is the
UK's largest hotel group and their hotel in Holyhead will provide a
valuable boost to the town and tourism on the Island."
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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