RNS Number : 7458F Dukemount Capital PLC
30 October 2018
30 October 2018
Dukemount Capital Plc
("Dukemount" or the "Company")
Planning Permission Granted on Second Acquisition
Dukemount Capital plc, the long-dated income provider and property management company is pleased to announce that this afternoon, it has been granted planning permission for a minor extension to be built on the second acquisition.
The extension was requested by Inclusion Housing and the care provider, Lifeways Group to accommodate an increase in rooms and to add office space in the property. As previously announced, this will enhance the value of the acquisition due to the increased rental payable on the property.
The architect plans and drawings for this project will appear on our websitewww.dukemountcapitalplc.com.
Dukemount Executive Chairman Geoffrey Dart said, "I am pleased to be able to announce a successful planning outcome on our second acquisition in North West England. I anticipate a smoother flow of updates in the coming months.
Market Abuse Regulation (MAR) disclosure
Certain statements in this announcement contain inside information for the purpose of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Walbrook PR (Media and Investor Enquiries
Tel: +44 (0) 207 933 8780
Paul Cornelius / Gary Middleton
dukemountcapital@walbrookpr.com
Optiva Securities LtdTel: +44 (0) 203 137 1906
Christian Dennis - Corporate Broker
Jeremy King - Corporate Broker
Peterhouse Corporate Finance Limited
Tel: +44 (0) 207 469 0930
Lucy Williams/Duncan Vasey
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Dukemount Capital plc published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 22:02:04 UTC