Conygar confirms phase-one approval for Fishguard Habour Marina
Shares in Conygar Investment Company rose more than 2% as joint-venture company Conygar Stena Line Ltd said its phase-one application for Fishguard Harbour Marina project was approved by Pembrokeshire County Council.
Conygar Investment Company
72.67p
10:34 07/10/24
FTSE AIM All-Share
739.08
13:10 07/10/24
Real Estate Investment & Services
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13:04 07/10/24
The planning committee's decision was unanimous. Consent for the first phase comprised an 8.28 hectare development platform, two breakwaters, 345 floating marina berths and a dredged marina basin.
This was the first of five phases of the development and it focuses on infrastructure. The completed Fishguard Harbour Marina project would consist of a commercial area, residential apartments and retail facilities.
Conygar Stena Line Ltd is the joint venture between Conygar Investment Company and Stena Line.
At 13:03 GMT, shares in AIM-quoted Conygar were up 2.06% to 173.5p each.