London & Associated Properties PLC - investor in shopping centres and other retail properties - Reports that its 42% owned subsidiary Bisichi PLC has seen strong coal market conditions since April 28. As a result, Bisichi expects its results for the six months ended June 30 to be ‘substantially’ ahead of those reported for the year ended December 31. LAP says a proportion of these results will be attributable to its shareholders.

Current stock price: 21.95 pence

12-month change: up 95%

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