RNS Number : 2356H
Grand Union Group Funding PLC
08 October 2024
 

Grand Union Group Funding Plc

 

(the "Issuer")

 

GRAND UNION GROUP FUNDING PLC

£150,000,000 4.625 per cent. Secured Bonds due 2043

ISIN XS0996528617

 

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA (OR TO U.S. PERSONS), AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

Notification of Partnership Discussions - UPDATE

The Boards of Grand Union Housing Group ("Grand Union") and Longhurst Group ("Longhurst") have concluded their due diligence and approved the planned merger of the two organisations to create a social landlord with over 36,000 homes.

This will be completed via a Transfer of Engagements of Longhurst to Grand Union and this is expected to be completed before the end of March 2025, subject to lender consents.. 

Grand Union is a charitable housing association registered in England as a Community Benefit Society (Reg. No. 7853) and registered with the Regulator of Social Housing (Nº. L5060).

Longhurst is a charitable housing association registered in England as a Community Benefit Society (Reg. Nº. 8009) and registered with the Regulator of Social Housing (Nº. L4277).

For further information contact:

 

Mona Shah 

Executive Director of Finance & Business Services

Grand Union Housing Group

K2, Timbold Drive

Kents Hill

Milton Keynes

MK7 6BZ

                                             
 Telephone - 0333 015 2058

Email: mona.shah@guhg.co.uk

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDEASEXELLLFFA
Grand Union 43 (LSE:57UT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Grand Union 43 Charts.
Grand Union 43 (LSE:57UT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Grand Union 43 Charts.