Roadside Real Estate shares rose 5% following the announcement of a £8.5 million sale of shares of Cambridge Sleep Sciences (CSS).
It offloaded 1,000 shares to CGV Ventures 1 at £8,500 each, significantly boosting the value of Roadside’s remaining stake in CSS.
The payment is due by November 30. Roadside plans to use the proceeds to reduce its debt.
In a separate announcement, Roadside confirmed the sale of the Barkby Pub Co - a deal first flagged in June.
In morning trading, the stock was up 1.11p at 23.21p.