Accent Capital PLC Partnership Discussions (6182S)
23 Março 2021 - 7:00AM
UK Regulatory
TIDM93FO
RNS Number : 6182S
Accent Capital PLC
23 March 2021
Accent Capital PLC
23 March 2021
Accent Group Limited and Paragon Asra Housing Limited -
Partnership Discussions
Accent Group Limited (Accent) - parent of Accent Capital PLC -
and Paragon Asra Housing Limited (PA) - parent of Paragon Treasury
PLC - are exploring the merits of a potential partnership.
Both organisations are not-for-profit housing associations. PA
has 23,200 homes in London, Surrey and the Midlands. Accent has
20,700 homes in the North, Midlands and the South East.
PA and Accent already have the highest possible G1/V1 regulatory
ratings. A final decision on the proposed partnership will be made
by both Boards in the coming months.
While discussions continue, both organisations will focus on
delivering existing commitments to customers on investment, service
improvements and new homes.
[Ends]
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END
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(END) Dow Jones Newswires
March 23, 2021 06:00 ET (10:00 GMT)
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