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HELICAL PLC

M&A Activity Nov 13, 2013

4628_rns_2013-11-13_0de5e08f-70ea-4c24-9852-8b91a2b20029.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 9379S

Helical Bar PLC

13 November 2013

13 November 2013

Helical Bar plc

King Street Regeneration plans approved

King Street Developments (Hammersmith) Ltd (KSD), a joint venture between Helical Bar plc and Grainger plc, is pleased to announce that Hammersmith & Fulham Council's planning applications committee has approved its proposed £150 million regeneration scheme for King Street, Hammersmith, London, subject to verification by the Mayor of London.

The redevelopment will provide 196 high quality new homes; a three-screen community cinema, to be operated by Curzon; new retail, restaurant and cafe space; replacement offices for the Council and a new town square. KSD will also provide £5.25 million towards a regeneration fund to boost the surrounding area and refurbish the Grade-II listed town hall, which was built in 1938.

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For further information contact:

Grainger plc

Kurt Mueller                                                       Tel: 020 7795 4700

Helical Bar plc

Matthew Bonning-Snook/Tim Murphy                   Tel: 020 7629 0113

FTI Consulting

Stephanie Highett/ Dido Laurimore                       Tel: 020 7831 3113

This information is provided by RNS

The company news service from the London Stock Exchange

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