02.10.2017 15:30:08

DGAP-Ad hoc: Cariboo Gold Mines Plc

DGAP-Adhoc: Holmes Investment Properties PLC: Broker tour in Germany

DGAP-Ad-hoc: Holmes Investment Properties PLC / Key word(s): Miscellaneous
Holmes Investment Properties PLC: Broker tour in Germany

02-Oct-2017 / 15:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Holmes Investment Properties PLC
Press Release dated 2nd October 2017

The senior management of Holmes Investment Properties Plc (HIP) completed a broker tour in Germany last week visiting the Berlin Stock Exchange and Market Maker Renell Wertpapierhandelsbank AG. The company has been concerned about the fall in its share price over the last 3 months and the purpose of the tour was to investigate and understand the reasons behind the low share price.

The Berlin Boerse has decided to temporarily suspend trading in the shares on suspicion of market manipulation. The suspension will last four more days and the company is investigating. The Directors welcome the temporary halt and will support any and all measures to ensure proper trading in the shares.

In the meantime, the company is pushing ahead with bringing its first adventure park to fruition and the operational plan is on target to allow the acquisition and construction of the first of twelve sites planned. The underlying fundamentals of the business are strong. The Directors will continue to build up partners, sites and funding whilst remaining focused on long term shareholder value.

The company has taken great strides in the last 6 months

- The company has four sites under negotiation, one with outline planning permission

- A further 30 sites are being evaluated

- The company has contracted four additional leisure operator partners

- Recruited a very experienced professional operational manager

- Obtained offers of Funding for Development and equity investment for each site

We will update shareholders on what to expect in the week ahead as the company continues to develop.

Martin Helme, Chief Executive Officer
+44 (0)7779 601541 or +44 (0)203 709 7120
Martin@hip-prop.co.uk

Murray Harkin, The Lyndon Agency
+44 (0)77852 54639
Murray@thelyndonagency.com


02-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Holmes Investment Properties PLC
53 Davies Street
W1K 5JH London
United Kingdom
Phone: + 44 203 709 7120
E-mail: david@hip-prop.co.uk
Internet: www.hip-prop.co.uk
ISIN: GB00B61DTR94
WKN: A1H654
Listed: Regulated Unofficial Market in Berlin

 
End of Announcement DGAP News Service

615095  02-Oct-2017 CET/CEST

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