Riverside Finance plc News of Potential Deal Transaction (7494C)
24 Junho 2021 - 5:00AM
UK Regulatory
TIDM45GP
RNS Number : 7494C
Riverside Finance plc
24 June 2021
Riverside Finance plc - GBP250,000,000 3.875% Secured Bonds due
2044
ISIN number: XS1148849018
The Board of The Riverside Group Limited (Registered Provider
number L4552), parent to Riverside Finance plc (Company Number
09225450), and the Board of One Housing Group Limited (Registered
Provider number LH0171), have agreed to work on coming together in
partnership later in 2021, following receipt in due course of all
of the required consents and approvals.
The current intention is that One Housing Group Limited (and its
subsidiaries) will initially join Riverside as a subsidiary of The
Riverside Group Limited.
More information is available on the proposals at this time on
the websites of both The Riverside Group Limited and One Housing
Group Limited in the form of a Frequently Asked Questions document;
this will be updated throughout the course of the summer as the
business case continues to evolve and further due diligence is
completed.
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END
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June 24, 2021 04:00 ET (08:00 GMT)
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