(Source: Mar City plc) Mar City PLC ('Mar City' or 'the Company') Proposed Acquisitions Placing and Share Consolidation and Notice of General Meeting Mar City (AIM: MAR.L), the London and Midlands focused house builder, today announces the following: Acquisitions and Placing • Mar City has entered into conditional contracts to acquire eight plots of land in the Midlands for an aggregate consideration of approximately £30.8 million. • Over 500 housing units in total with planning permission granted on all sites and four of the sites are already under development. • The aggregate consideration is to be satisfied as to £25.8 million by the issue of 322,418,763 New Ordinary Shares credited as...
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