REG - Stonewater Funding - Acquisition

Arthur J. Gallagher & Co.Announcement

Mon 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250915:nRSO3648Za&default-theme=true

RNS Number : 3648Z  Stonewater Funding PLC  15 September 2025

Stonewater Funding plc

15 September 2025

 

Stonewater Group

Porthove Housing Association Limited

The Rotary Club of Hove Community Housing Society Limited

Transfer of Engagements

 

 

Stonewater Funding plc

£250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

£200,000,000 5.034 per cent. Secured Bonds due 2042

£250,000,000 3.375 per cent. Secured Bonds due 2045 (together, the Bonds)

 

Notice is hereby given to the holders of the Bonds regarding the Stonewater
Group's ongoing discussions with Porthove Housing Association Limited ("PHA"),
a Registered Provider of Social Housing and community benefit society with
registered number 16913R, and The Rotary Club of Hove Community Housing
Society Limited ("The Society"), a community benefit society with registered
number 15012R.

PHA is a housing association with 44 properties in the Brighton and Hove area.
The Society is a society with 53 properties in Hove.

Due to continued due diligence, the current intention is for PHA and The
Society to join the Stonewater Group via a Transfer of Engagements into
Stonewater (5) Limited on or prior to 31 December 2025.

Stonewater Limited will remain the parent of the Stonewater Group.

 

For further information, please contact:

Anne Costain

Stonewater
Group
Telephone: 073 920 92473

Suite C, Lancaster House
                             Email:
 Anne.Costain@stonewater.org

Grange Business Park

Enderby Road

Whetstone

Leicester, LE8 6EP

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQEAENSFLXSEFA