Flotation fees dent Watkin Jones profits

Watkin Jones spent £6.5m on administrative fees and commission for advisors who handled its listing on the London Stock Exchange, according to the North Wales-based developer’s first financial statement since going public three months ago.

Conygar’s 52-week low prompts share buy-back

Conygar, the publicly listed developer active on projects at Llandudno Junction and Holyhead, has bought back more than £1m of shares as it looks to shore up its share price after hitting a 52-week low last week.

Watkin Jones makes largest AIM debut in two years

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Paul Unger

The 225-year-old developer-contractor from North Wales became a publicly listed company on Wednesday, offering 45% of the company’s stock to the junior market of the London Stock Exchange to fund growth in the student accommodation and private rented sectors.

Surf Snowdonia back on its feet

The £12m Surf Snowdonia Adventure Parc will reopen its doors on Saturday 19 March after a five-month closure to address teething problems with its experimental wave generation machinery.

Moneysupermarket slims down Manchester move

The website for comparing personal finance products has scaled back its office requirement for a first Manchester base but remains committed to establishing a digital development centre in the city.

Chinese back £1bn green power station

A biomass energy park in Holyhead is among the recipients of Chinese investment announced today during President Xi Jinping’s visit to the UK.

Conygar acquires Shell Anglesey site

The Isle of Anglesey Charitable Trust has sold the 200-acre former Shell storage facility at Rhosgoch to Conygar Investment Company for £3m.

Seddon targets North Wales

Builder and developer Seddon has appointed a new business development manager as it re-opens offices in North Wales.