Countryside Properties PLC Response to Browning West, LP (3637H)
03 December 2020 - 6:01PM
UK Regulatory
TIDMCSP
RNS Number : 3637H
Countryside Properties PLC
03 December 2020
3 December 2020
Countryside Properties plc
Response to Browning West, LP
Today, the Board of Directors of Countryside Properties plc
("Countryside"), a leading UK mixed-tenure developer, has sent a
letter responding to Browning West, LP's public statements of 2(nd)
December 2020. A copy of the Board's letter can be found on the
investor relations section of Countryside's website:
investors.countrysideproperties.com/results-and-news/results-reports-and-presentations
Countryside has a long-standing practice of not commenting on
private conversations with individual shareholders. However, given
the public nature of Browning West's communications, the Board has
made its response public as well in this instance so that its
positions are clear to all shareholders and other stakeholders.
- ENDS -
Enquiries:
Countryside Properties - 01277 260 000
Victoria Prior - Managing Director, Corporate Affairs
Brunswick Group LLP - 020 7404 5959
Nina Coad / Robin Wrench / Oliver Sherwood
Note to editors:
Countryside is a leading UK mixed-tenure developer through its
two divisions, Partnerships and Housebuilding.
Countryside's Partnerships division was established over 40
years ago, specialising in estate regeneration, with operations in
London, the South East, the North West, the Midlands and Yorkshire.
It works mainly on public sector owned and brownfield land, in
partnership with local authorities and housing associations to
develop private, affordable and PRS homes. It recently established
a modular panel manufacturing facility in Warrington to improve
quality and reduce build times on site. Its developments include
large scale urban regeneration projects at Beam Park, Rainham,
Acton Gardens, Ealing and Rochester Riverside, Medway.
Countryside's Housebuilding division benefits from an industry
leading strategic land bank which is focused around outer London
and the Home Counties. It builds family homes, with a focus on
placemaking and selling to local owner occupiers. Its developments
include a number of large-scale projects including Beaulieu Park,
Essex, Springhead Park, Ebbsfleet and Tattenhoe Park, Milton
Keynes.
For more information see www.countrysideproperties.com or follow @CountrysideProp on Twitter.
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END
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