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Herring issues new shares

Language: English Series: Times ; 17 May 1995, 26&27 | Planning Week ; 51(7) 18 May 1995, 5(2)Publication details: 1995Subject(s): Summary: 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.

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.