On 28 October, Tigne’ Mall plc issued an announcement updating the market on its performance since 30 June 2016.
The Company stated that the positive trends experienced in the first half of the year continued during the third quarter of the year. ‘The Point’ has remained fully let and as a result the Company continued to generate a healthy level of cash flow from operations and experienced an increase in profitability when compared to the corresponding period last year. Consequently, its financial position remains positive and in line with its projections. Furthermore, the Company’s expectations for the final quarter of the year remain positive.