REG-One Heritage Group plc One Heritage Group plc: Support from Parent Company with An Extended Debt Facility

One HeritageAnnouncement

26/03/2024 13:15

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   One Heritage Group plc (OHG)
   One Heritage Group plc: Support from Parent Company with An Extended Debt
   Facility

   26-March-2024 / 13:00 GMT/BST

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   26 March 2024          

                             ONE HERITAGE GROUP PLC

                                (the “Company”)

           Support from Parent Company with An Extended Debt Facility

    

   One Heritage Group  PLC (LSE:  OHG), the  UK-based residential  developer,
   development  manager  and  property  manager  focused  on  the  North   of
   England, is announcing that  its parent company  and majority  shareholder
   One Heritage Property Development Ltd  (OHPD), in support of the  Company,
   has agreed revised repayment terms of its £14.0 million debt facility (the
   “Facility”). On  15  January  2024,  the Company  announced  that  it  had
   extended the facility  until the  31 December  2025. A  revision to  these
   terms has been agreed to allow the Company to extend repayment by up to 36
   months until 31 December 2028.

    

    

   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 that contains inside
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   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:       2138008ZZUCCE4UZHY2
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   312090
   EQS News ID:    1867633


    
   End of Announcement EQS News Service

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