M&L Property & Assets PLC Asset Manager's Update
04 February 2016 - 12:17AM
UK Regulatory
TIDMPHU
Asset Manager's Update
M&L Property & Assets Plc (the "Company" or "Group")
Property Sales
Further to the Company's announcement on 21 December 2015, the Group has sold a
further two properties at a sales price of EUR482,676 (after deducting all sales
commission and tax). The funds received from these sales (before deducting
agency fees) were slightly in excess of the balance sheet value of these
properties.
The Company's annualised income (including rent) is currently around EUR243,000.
For further information, please contact:
Asset Manager:
M & L Capital Management Limited
Tel: +44 (0) 20 7584 5733
Nominated Adviser:
Liam Murray/Jo Turner
Cairn Financial Advisers LLP
Tel: +44 (0) 20 7148 7900
END
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