Kainos to acquire site for new Belfast headquarters

Writer, Stock Market Wire
Tuesday, February 12, 2019 - 08:23

Kainos Group said Tuesday it had agreed to acquire a site to develop its Belfast headquarters for £7.05m.

The company said a 10% deposit was required to be paid on completion, which was expected on 3 June 2019.

The site received planning committee approval in May 2017 for a replacement 250,000 square foot Grade A office building, although Kainos would be submitting a revised planning application.

The new premises would allow Kainos to grow and scale its workforce to support the next stage of the group's growth.

At 8:23am: (LON:KNOS) Kainos Group Plc share price was -8p at 439p


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