Market News - Page 694

Further to the announcements made on 13 December 2017 and 26 April 2018, Breedon Group is pleased to announce that it has completed an asset swap with Tarmac which secures 25 million tonnes of additional mineral reserves and around 50,000 tonnes of additional annual asphalt capacity in four key UK locations….

Wynnstay, the agricultural supplies company, is pleased to announce that Gareth Davies's appointment, as Chief Executive Officer, will take effect on 10 July 2018. As reported in an announcement published on 8 May 2018, Gareth succeeds Ken Greetham, who will be retiring from the Board on the same date, after 21 years, the last ten of which have been as Chief Executive Officer. As previously stated, Ken remains available to the Board for a period of time in an advisory capacity….

The Conygar Investment Company PLC (“Conygar”), the property investment and development group, announces that the outline planning application for the mixed use scheme in Nottingham detailed in the 2018 interim report has been submitted. The application is for a scheme of over two million square feet and will include offices, apartments and student housing….

LondonMetric Property Plc (“LondonMetric”) announces that it has sold two M&S convenience stores for £10.7 million, reflecting a NIY of 4.5%, and purchased a convenience development in Durham pre-let to Lidl for £13.3 million, reflecting a yield on cost of 5.4%….

U+I (LSE:UAI), the specialist regeneration developer and investor, has been appointed as masterplanner and promoter to transform the current water recycling centre in north Cambridge into a major residential-led mixed-use urban quarter….

Following a meeting by a duly authorised committee of the Board of Directors held today, 28 June 2018, the Directors announce the interim results for the six months ended 30 April 2018….

“The ongoing implementation of the Company's strategy in routes to market, control of costs, R&D and production automation is progressing well and the business continues to trade in line with full year management expectations….

Sprue (AIM: SPRP), one of Europe's leading developers and suppliers of home safety products, is holding its Annual General Meeting today at which Graham Whitworth, Executive Chairman, will make the following statement:…