Thalassa Holdings Limited Relocation of UK operations (3369T)
03 Outubro 2014 - 3:00AM
UK Regulatory
TIDMTHAL
RNS Number : 3369T
Thalassa Holdings Limited
03 October 2014
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
Relocation of UK operations
On 11 July 2014, the Board of Thalassa announced that Thalassa
intended to lease new Group headquarters at a campus being
established at Eastleigh Court near Warminster, Wiltshire and to
locate all of its UK operations there. Eastleigh Court was acquired
by Eastleigh Court Limited, a company owned by Thalassa's chairman,
Duncan Soukup, on 11 July 2014.
The Board now announces that Thalassa has entered into an
agreement with Eastleigh Court Limited for WGP Exploration Ltd to
lease 10,000 square feet at Eastleigh Court, at GBP12 per square
foot for a term of 10 years commencing on 1 October 2014.
In light of the interest of Mr Soukup in Eastleigh Court
Limited, the lease on Eastleigh Court represents a related party
transaction under the AIM Rules. The Directors, other than Mr
Soukup by reason of this interest, consider, having consulted with
WH Ireland Limited, Thalassa's nominated adviser, that the terms of
these leases are fair and reasonable insofar as its shareholders
are concerned.
Graham Cole, a Non Executive Director of Thalassa said: "We are
delighted to have entered into the leases on this new campus which
was chosen after an extensive search throughout the South West of
England. The location and proximity to major transportation hubs
will be key to attracting new staff and to maintaining the
Company's growth over the coming years."
Contacts:
Thalassa Holdings Ltd:
Graham Cole, Non Executive Director 0777 564 3545
WH Ireland Limited (Nominated adviser):
Chris Fielding, Head of Corporate Finance 020 7220 1650
www.thalassaholdingsltd.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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