Circle Property has announced the conditional disposal of its largest remaining property asset, Concorde Park in Maidenhead, for approximately £12.3m. The proceeds are intended to be distributed to shareholders via the B Share scheme which was announced on 20 January 2023. As the company will hold only one remaining property (details in the table below) the company will become a ‘cash shell' under AIM rules and will seek shareholders approval to cancel its listing on the AIM market, which is exp ....
24 Feb 2023
Cenkos: Circle Property Plc -- Delivering on the disposal strategy
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Cenkos: Circle Property Plc -- Delivering on the disposal strategy
- Published:
24 Feb 2023 -
Author:
Edward Stacey -
Pages:
4
Circle Property has announced the conditional disposal of its largest remaining property asset, Concorde Park in Maidenhead, for approximately £12.3m. The proceeds are intended to be distributed to shareholders via the B Share scheme which was announced on 20 January 2023. As the company will hold only one remaining property (details in the table below) the company will become a ‘cash shell' under AIM rules and will seek shareholders approval to cancel its listing on the AIM market, which is exp ....