City Pub Group PLC (The) Acquisition (6862M)
23 9월 2021 - 3:00PM
UK Regulatory
TIDMCPC
RNS Number : 6862M
City Pub Group PLC (The)
23 September 2021
23 September 2021
The City Pub Group plc
(the "Group" or the "Company")
Acquisition
The City Pub Group plc is pleased to announce the acquisition of
The Cliftonville Hotel in Cromer, Norfolk. The Edwardian Grade II
listed hotel has been welcoming visitors since 1897 and is a high
quality addition to the Group's estate.
The consideration for the acquisition is GBP1,700,000, with
GBP1,600,000 payable in cash and GBP100,000 payable through the
issue of 86,505 new o rdinary shares of 1p each in the Company (the
"Consideration Shares") .
Application has been made for Consideration Shares to be
admitted to trading on AIM and admission is expected to occur on 24
September 2021.
Clive Watson, Executive Chairman of the Company, said:
"We are delighted to have secured the acquisition of this iconic
site in Cromer. It is a fantastic addition to the City Pub Group
estate, further developing our presence in the North Norfolk region
and adds to our coastal presence."
The total number of voting rights in the Company is 103,868,430
(excluding 1,925,000 JSOP Shares which do not have voting rights).
This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
The City Pub Group
Clive Watson, Executive Chairman
Tarquin Williams, CFO
Instinctif Partners
Matthew Smallwood +44(0)20 7457 2005
Liberum (Nomad & Joint Broker)
Chris Clarke
Edward Thomas +44(0)20 3100 2222
Peel Hunt (Joint Broker)
George Sellar
Andrew Clark
Will Bell +44 (0)20 31288789
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END
ACQUUORRARUKUUR
(END) Dow Jones Newswires
September 23, 2021 02:00 ET (06:00 GMT)
City Pub (LSE:CPC)
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City Pub (LSE:CPC)
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부터 7월(7) 2023 으로 7월(7) 2024