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| Conygar snaps up
additional stake in Martello Quays Industry Sector Real Estate The Conygar Investment Company (Conygar) has exchanged contracts on a deal to buy the 33.33% of Martello Quays Ltd that it does not already own. Conygar is paying £3.2 million in cash and shares for the stake in a move that gives it 100% ownership of Martello, the developer of Pembroke Dock Waterfront. The waterfront development is expected to create a 260 berth marina, 146 houses, 304 apartments with associated leisure and retail facilities and an end value in excess of £100 million. Planning approval for the development was obtained on in February 2008 and the project has moved to the detailed legal and planning phase. Monday, March 31, 2008 This press release came over the wire......we have spoken to...The Conygar Investment Company PLC (“Conygar”) no comment...we will get back to you tomorrow (1st April 2008) HGP Greentree Allchurch Evans Ltd , who had no comment, will get back to us, Anglesey Boat Company no comment...we will get back to you, Pembrokeshire County Council "yes we know but we can't release details, so what is going on..........? Update's
4th April 2008
http://money.cnn.com/news/deals/mergers/reports/1165422040.html 2nd April 2008
after speaking to the Director from The Conygar Investment Company it
seem that this consolidation will have no impact on the Marina Project,
we have been advised the the purchase of the final share of the
Martello, the developer of Pembroke Dock Waterfront was from
Vinci
Project Development Ltd, a Vinci PLC subsidiary. We were promised a
statement via e-mail but this has failed to materialise.............
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