Latest Investor News
Notice re AGM
The AGM of the Company will be held on the 7th June 2019 at 12pm in the Irish Farm Centre, Bluebell. Please click here for a notice of this meeting
Publication of Annual Report for 2018
Please click here for a copy of the Annual Report for Farmer Business Developments plc for the year ended 31st December 2018.
FBD Hotels and Resorts – FBD Hotels & Resorts acquires The Heritage Hotel and Spa, Killenard
FBD Hotels and Resorts has announced that it is to purchase the five-star Heritage Hotel and Spa, Killenard. The Heritage Hotel and Spa, Killenard is a 98 bedroom Hotel located in Co. Laois, approximately one hour from Dublin. Please click here for additional information.
Loan Note Subscription in FBD Holdings plc
Please click here for a copy of a recent announcement in relation to the subscription by Farmer Business Developments plc for Loan Notes in FBD Holdings plc
Please click here for a copy of a recent announcement in relation to directorship changes at Farmer Business Developments plc
Notice re AGM
The AGM of the Company will be held on the 8th June 2018 at 12pm in the Irish Farm Centre, Bluebell. Please click HERE for a notice of this meeting
Publication of Annual Report for 2017
Please click HERE for a copy of the Annual Report for Farmer Business Developments plc for the year ended 31st December 2017.
Sale of Lancy Centre, Geneva
The sale of the Lancy Shopping Centre in Geneva, which was the underlying asset in one of our investments was concluded in December 2016.
We have already received full repayment of our initial investment and, once the investment vehicles are wound up, we expect that our share of the proceeds will be received in 2017 and we will materialise an after tax gain in excess of €1m.
Sale of Tower Hotel, Waterford by FBD Hotels and Resorts to Neville Hotels
The sale of the Tower Hotel, Waterford to Neville Hotels was concluded in November 2016.
The sale realised a a gain of €1.6m. The net proceeds from the sale were used to pay down some debt, finance the 46 bedroom extension to our Castleknock Hotel, and fund the acquisition of certain development plots at La Cala Resort.
Please click here for additional details relating to the sale.
Appointment of Davy Select
The Board of Directors has appointed Davy Select to operate a private grey market in the Company’s shares. This service replaces the matched bargain service operated by Capita Share Dealing Services with effect from 1 July 2016. Davy is responsible for the majority of such trading in the Irish market. Further information in relation to share dealing with Davy Select can be found here.
Capita Asset Services was recently acquired by the Link Group. Link Asset Services manage the registration and the certification of share transfers in the settlement of estates and in private transactions. They may be contacted at 01 5530050 or [email protected].
Acquisition of FBD Property & Leisure Limited
Please click here for a copy of the circular issued to shareholders re the acquisition of FBD Holdings plcs 50% interest in FBD Property & Leisure Limited.