Wynnstay Properties PlcLSE: WSP

Aquisition of property

· Issued by Wynnstay Properties Plc
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6117/2016 isitia, of property - RNS - London S1Dck ExcharQa

Wynnstay Properties PLC - WSP Acquisition of property Released 07:00 14-Jun-2016

RNS Number :0643B Wynnstay Properties PLC 14 June 2016

14 June 2016

Wynnstay Properties PLC (the "Company") Acquisition of property

The Company is pleased to report that contracts topurchase four acljoining trade count.er and industrial units in Lichfield from Ebury (Lichfield) Limited have been exchanged, with completion inthe near future.

The acquisition price of £1.95 million will be funded from the Company's own cash resomces together with a new additional facility of £1.34 million from the Company's bankers. The four units generate net rental income of £134,250 per annum.

For further information please contact:

Wynnstay Properties Plc

Toby Parker, Finance Director 020 7554 8766

Panmure Gordon (UK) Limited Andrew Potts

020 7886 2500

This information is provided by RNS

The company news service from the London Stock Exchange

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