StockMarketWire.com - Property investor Panther Securities said it was due to receive an increased consideration of £11.3m for land it had agreed to sell last year at Holloway Head in Birmingham.

The land was originally sold for £11m but some of the due payments had been late.

Panther said it had now received an additional deposit of £500k, while a revised completion date for the deal had been set for 31 August.

'The company remains hopeful that the remaining balance of £9,520,000 of the agreed consideration will be received on that date,' it said.


At 1:46pm: [LON:PNS] Panther Securities PLC share price was +10p at 355p



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