PROP Property Rec.

    RNS Number : 9127K
  Property Recycling Group PLC
  31 December 2008
   
    Property Recycling Group plc 
("Property Recycling") 


    Acquisition 
    
 
    Property Recycling (AIM: PROP), which acquires and prepares brownfield sites for development, today announces that it has acquired a
15.91 hectare site at Welford in Northamptonshire for �0.50 million. The site is located at the junction of the A14 and the A5199,
approximately 5 miles from the Catthorpe interchange of the Ml and the M6. 
    
Commenting on the acquisition, Paul Rackham, chairman, said, "This site first came to my attention in January 2003, I am pleased that after
a great deal of work we have now been successful in completing its purchase." 
    
-Ends- 

 Paul Rackham, Chairman                        01953 717176
 Property Recycling Group plc

 Geoff Nash/Rose Herbert                      020 7600 1658
 FinnCap, Nominated adviser and joint broker

 Robert Luetchford/John Webb                  020 7490 3788
 Marshall Securities, Joint broker
    


  Visit our website: propertyrecycling.co.uk




This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
ACQEASAEDSFPFFE

Property Recycling (LSE:PROP)
Historical Stock Chart
From May 2024 to Jun 2024

Property Recycling (LSE:PROP)
Historical Stock Chart
From Jun 2023 to Jun 2024