Source - LSE Regulatory
RNS Number : 0744U
Conygar Investment Company PLC(The)
24 March 2023
 

 

 

The Conygar Investment Company PLC ("Conygar" or the "Group")

Freeport status for Anglesey

The Conygar Investment Company PLC, the property investment and development group, is pleased to acknowledge the success of the Anglesey Freeport Bid Consortium in securing Freeport status for Anglesey. The 203 acre brownfield site at Rhosgoch, owned by the Group, will be included within the Freeport special areas. The Freeport will form special zones with simplified customs procedures, relief on customs duties, tax benefits and development flexibility. In addition, Conygar owns the Holyhead Waterfront Development which will benefit from new investment created on the island.

Freddie Jones, Director of Conygar "We are delighted that the Anglesey Freeport bid has been successful and believe it will be transformational for the island and a significant boost for the economy going forward."

Enquiries:

The Conygar Investment Company PLC

Robert Ware/Freddie Jones                                                                                                        020 7258 8670

 

Temple Bar Advisory (Public Relations)

Alex Child-Villiers/Will Barker                                                                                                     020 7183 1190

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCPPUCPWUPWGMW
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Conygar Investment Company PLC (The) (CIC)

-1.00p (-1.57%)
delayed 16:57PM