REG-One Heritage Group plc One Heritage Group plc: Corporate Bond Update

One HeritageAnnouncement

15/03/2024 17:15

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   One Heritage Group plc (OHG)
   One Heritage Group plc: Corporate Bond Update

   15-March-2024 / 17:02 GMT/BST

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   15 March 2024         

                             ONE HERITAGE GROUP PLC

                                (the “Company”)

             £1,500,000 8% Fixed Rate Unsecured Bonds 2024 (“Bond”)

    

   One Heritage Group PLC (LSE: OHG), the UK-based residential developer
   focused on the North of England, is providing an update on the repayment
   of its £1.5 million unsecured corporate bond due for repayment 15th March
   2024.

    

   The Company is pleased to have today signed a new 12-month £500,000
   unsecured Loan with a Bond holder, at an interest rate of 8% per annum.

    

   Due to delayed property refinancing, payment of the remaining £1 million
   is expected to be repaid by 18th March 2024. The Company is not in default
   unless the Bond is not repaid by 29th March 2024.

    

   Contacts

    

   One Heritage Group plc

   Jason Upton

   Chief Executive Officer

   Email: jason.upton@one-heritage.com

     

   Hybridan LLP (Financial Adviser and Broker)

   Claire Louise Noyce

   Email: claire.noyce@hybridan.com

   Tel: +44 (0)203 764 2341

    

   About One Heritage Group

   One Heritage Group PLC is  a property development and management  company.
   It focuses on the  residential sector primarily in  the North of  England,
   seeking out value and maximising opportunities for investors. In 2020  One
   Heritage Group PLC  became one  of the first  publicly listed  residential
   developers with a focus on co-living.

   The Company is  listed on  the Standard  List of  the Main  Market of  the
   London Stock Exchange, trading under the ticker OHG. 

   For further information, please visit the Company’s website
   at  1 https://www.oneheritageplc.com/.

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00BLF79495
   Category Code:  UPD
   TIDM:           OHG
   LEI Code:       2138008ZZUCCE4UZHY23
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   310107
   EQS News ID:    1860351


    
   End of Announcement EQS News Service

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