Trafalgar Property Group PLC Trading update on Property Interests (7126P)
June 22 2022 - 1:00AM
UK Regulatory
TIDMTRAF
RNS Number : 7126P
Trafalgar Property Group PLC
22 June 2022
Certain information contained within this Announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in
the United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public domain.
22 June 2022
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar", the "Company" or "Group")
Trading update on Property Interests
Trafalgar (AIM: TRAF), the AIM quoted residential property
developer operating in southeast England, announces the following
trading update on its property interests:
Speldhurst
Trafalgar is pleased to announce that it has exchanged contracts
on a scheme in Speldhurst Kent that has planning permission granted
for a large, detached property.
It is the Company's intention to reapply for planning on the
site for a development of 1&2 Bedroomed apartments with off
street parking.
Leatherhead Surrey
The Company's development in Leatherhead Surrey for 8x2
Bedroomed apartments still remains in the planning system and we
expect a decision later this year.
Properties held for investment
The Company retains certain properties for investment purposes,
all of these properties are fully let with no void periods.
Enquiries:
Trafalgar Property Group plc +44 (0) 1732 700
James Dubois 000
SPARK Advisory Partners Limited - AIM Nominated
Adviser +44 (0) 203 368
Matt Davis 3550
+44 (0) 20 7409
Peterhouse Capital Limited - Broker 0930
Duncan Vasey/Lucy Williams
**ENDS**
Notes to Editors:
Trafalgar Property Group plc
Trafalgar Property Plc is the holding company of Trafalgar New
Homes Limited and Trafalgar Retirement+ Limited, residential
property developers operating in the southeast of England. The
founders have a long track record of developing new and refurbished
homes, principally in Kent and Surrey.
The Company's focus is on the select acquisition of land for
residential property development. The Company outsources all
development activities, for example the obtaining of planning
permission, design and construction, and uses fixed price build
contracts, enabling it to tightly control its development and
overhead costs.
For further information visit: www.trafalgarproperty.group
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END
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