Possible Disposal
24 Januar 2007 - 8:03AM
UK Regulatory
RNS Number:0373Q
Westbury Property Fund Limited
24 January 2007
The Westbury Property Fund Limited ("Westbury" or the "Company")
Possible Disposal
24th January 2007
Following the repositioning of the Company as a commercial property and ports
business in August 2006, the Board of Westbury announces that it is currently
considering a disposal of a substantial part of its wholly-owned property
portfolio.
If such a disposal were to take place the Board of Westbury anticipates that the
net proceeds of the disposal would be retained by the Company for reinvestment
in property ventures and property-based operating companies in accordance with
the Company's stated strategy.
Any such sale would be subject to shareholder approval and accordingly a
circular will be distributed to shareholders if an agreement is reached.
A further announcement will be made when appropriate.
For further information please contact:
Richard Burrell / Ben Browne-Clayton Henrietta Guthrie
Assura Fund Management Lansons Communications
020 7107 3800 020 7490 8828
www.westburypropertyfund.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBXLLLDFBXBBQ
Westbury Property Fund (LSE:WPFI)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Westbury Property Fund (LSE:WPFI)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
Echtzeit-Nachrichten über Westbury Inc (Londoner Börse): 0 Nachrichtenartikel
Weitere Westbury Prop Fund News-Artikel