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Herring issues new shares

Herring issues new shares - 1995 - Times 17 May 1995, 26&27 Planning Week 51(7) 18 May 1995, 5(2) .

Chartered surveyor Herring Baker Harris has issued new shares worth 18.5% of the company to its landlords as compensation for rent reductions and the surrender of expensive leases. The company has returned to trading profit as part of its cost cutting exercise.

Subjects--Topical Terms:
COMPENSATION
HERRING BAKER HARRIS
SHARE ISSUE
SURRENDER OF LEASES

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