Source - Alliance News

Conygar Investment Co PLC - London-based property investor and developer - Enters into new debt facility deal with ASK Partners Ltd for a maximum of £12 million with a minimum term of two years and an interest rate of Bank of England base rate plus a margin of 5.9%. Says it will be used to further progress certain plots at The Island Quarter site in Nottingham, alongside to the planning application for its potential acquisition site in Bristol. The loan is secured on part of The Island Quarter site.

Current stock price: 89.00 pence, up 1.1%

12-month change: down 23%

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