Ad hoc: Holmes Investment Properties PLC announce EUR2.5 million investment

Donnerstag, 30.03.2017 07:05 von DGAP - Aufrufe: 120

DGAP-Ad-hoc: Holmes Investment Properties PLC / Key word(s): Investment Holmes Investment Properties PLC announce EUR2.5 million investment 30-March-2017 / 07:00 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 announce EUR2.5 million investment to deliver adventure parks roll out Company fully funded for phase one roll out

 

Holmes Investment Properties PLC have announced a significant investment of EUR2.5 million from World Stock & Bond Trade Limited to fund the company's planned roll out of "David Lloyd's Adventure Parks." World Stock & Bond Trade Limited had been considering the investment for a number of months and have made a final decision based on the strength of management and a clear path to deliver the business strategy.

Roger Ernst Kipfer, CEO of World Stock and Bond Trade Limited said: "When the senior management of Holmes Investment Properties approached us with this opportunity, we knew if they could lay down the right foundations to the business, as promised, then it could be a great company to invest in. They have now proven that, so we are delighted to make this investment."

World Stock and Bond Trade Limited will deliver the EUR2.5 million in tranches over 10 months. This equity investment when combined with banking facilities means that the company is fully funded to acquire and develop the first five parks and meet all the working capital needs of the company for the next two years. Commenting on the investment, CEO of Holmes Investment Properties Plc, Martin Helme said: "We have been making good progress towards our business goals and, with our partners, plan to open the first "David Lloyd's Adventure Park" in early 2018 and we are right on track. The first wave of Adventure Parks will see twelve open over a four year period before we grow to thirty five parks in the next wave. This investment gives us the funding to turn proposed sites into fully functioning adventure parks within a year. We are now fully funded for the next year, when revenue will start to materialize. We look forward to making positive announcements on specific sites in the future."

Contact:

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

Notes: Over his long career, Mr David Lloyd - majority shareholder and Chairman of "David Lloyd's Adventure Parks" - has founded two multi-million pound businesses: David Lloyd Leisure and - with his son Scott - Next Generation Clubs.

Mr. David Lloyd has recently spotted a gap in the market for one-stop, multi-exercise parks that will offer both brilliant indoor and outdoor activities. His new enterprise, "David Lloyd's Adventure Parks" will take advantage of fast growing segments in the £4 billion UK leisure sector, bringing together hard-to-find but easy-to-enjoy activities such as trampolining, zip wires, soft play and climbing walls. The plan is for the first adventure parks to open in 2018, with all twelve open by 2021.

Holmes Investment Properties has an exclusive contract to fund and build the first twelve sports activity centres for Mr Lloyd's Company, "David Lloyd's Adventure Parks." Holmes Investment Properties will own the land and fund the purchase and construction of the parks. After the construction, "David Lloyd's Adventure Parks" will fit out and operate the properties.


30-March-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

559847  30-March-2017 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=559847&application_name=news&site_id=ariva
Werbung

Mehr Nachrichten kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News