Planning Application Update and Board Change


 

TIDMOAH 
 
RNS Number : 1730M 
Oak Holdings PLC 
19 May 2010 
 

                  Planning Application Update and Board Change 
 
Planning Application Update 
 
Oak Holdings plc ("Oak" or the "Company"), the leisure business operator and 
YES! Project developer, announces that, at the Planning Board of Rotherham 
Borough Council held on 17 May 2010 to consider the revised application for the 
YES! Project, the Planning Board resolved, unanimously, to: 
 
a)      Refer the Recommendation for Approval to the Local Government Office in 
accordance with statutory requirements; 
 
b)      Enter into a supplemental agreement to link the existing s106 Agreement 
with the current consent; and 
 
c)      Grant Planning Consent in accordance with the Planning Officers 
recommendations. 
 
Board Change 
 
The Company also announces that Graham Axford has resigned as a Non-executive 
Director of the Company with immediate effect. 
 
For further information, please contact: 
+------------------------+----------------------------------------+ 
| Oak Holdings plc       |                     Tel: 020 7493 5522 | 
+------------------------+----------------------------------------+ 
| Steve Lewis, Chief     |          steve.lewis@oakholdings.co.uk | 
| Executive              |                                        | 
+------------------------+----------------------------------------+ 
|                        |                                        | 
+------------------------+----------------------------------------+ 
| Arbuthnot Securities   |                     Tel: 020 7012 2000 | 
+------------------------+----------------------------------------+ 
|                        |                                        | 
+------------------------+----------------------------------------+ 
| Rawlings Financial PR  |                     Tel: 01653 618 016 | 
| Limited                |                                        | 
+------------------------+----------------------------------------+ 
| Catriona Valentine     |       catriona@rawlingsfinancial.co.uk | 
+------------------------+----------------------------------------+ 
| Keeley Clarke          |         keeley@rawlingsfinancial.co.uk | 
+------------------------+----------------------------------------+ 
|                        |            www.rawlingsfinancial.co.uk | 
+------------------------+----------------------------------------+ 
 
About Oak 
 
Oak is an asset-based leisure business operator with significant property 
development potential.  The Company's activities comprise: 
 
Rother Valley County Park 
 
The Company leases and manages Rother Valley Country Park, a 1,000 acre country 
park with four major lakes.  The park is positioned just off the M1 on the 
borders of Sheffield, Rotherham and Derbyshire.  It currently attracts over 
750,000 visitors per year and is included in the Official 2012 Olympic Training 
Camp Guide, which recommends high quality sporting facilities for all 
participating athletes. 
 
Ringwood Town & Country Experience 
 
Ringwood Town & Country Experience is a leisure business located in the New 
Forest, Hampshire, which attracts around 19,000 visitors per year.  Ringwood 
Town & Country Experience incorporates a Heritage Centre with vintage cars and 
motorcycles, a replica railway station, tearooms, a restaurant, nostalgic shops 
and a 100 seat function room. 
 
YES! Project 
 
Oak is the promoter and developer of the exciting GBP350 million YES! Project, a 
phased development which will create one of the largest undercover, 
leisure-based, resort and convention destinations in Europe.  The site covers 
327 acres and is adjacent to the Rother Valley Country Park in South Yorkshire. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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