7th November 2025
THE CONYGAR INVESTMENT COMPANY PLC
Sale of land at Rhosgoch
The Conygar Investment Company PLC ('Conygar') announces that it has completed the sale of its land holding at Rhosgoch in Anglesey to Rhosgoch Property Ltd, a wholly owned subsidiary of Stena Line (UK) Ltd for £18.5 million.
As a result, the company has repaid the £5.6 million ASK Partners loan secured against the 36 acre Island Quarter site in Nottingham City Centre, leaving the development land unencumbered. The remaining cash will be used for the Group's ongoing operations and working capital, primarily at The Island Quarter. The Group will record a profit of £15.8 million from the transaction based on the March 2025 accounts valuation of £2.5 million.
Freddie Jones, Property Director commented:
"We are delighted to have completed the sale of this asset to Stena and to continue our strong working relationship with them. We now look forward to advancing our other operations."
The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.
Enquiries:
The Conygar Investment Company PLC
Freddie Jones / Robert Ware: 020 7258 8670
Panmure Liberum (Nominated Adviser and Broker)
Chris Clarke / Jamie Richards: 020 3100 2185
Temple Bar Advisory (Public Relations)
Alex Child-Villiers: 07795 425580
Sam Livingstone: 07769 655437