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$19.16 0.3  1.5%

Last Trade - 01/12/20

Large Cap
Market Cap £2.71bn
Enterprise Value £3.81bn
Revenue £1.09bn
Position in Universe 1458th / 6436

Radian Capital plc - Change of Name

Mon 5th October, 2020 8:45am
RNS Number : 9472A
Radian Capital plc
05 October 2020

As of Monday 5 October 2020, Radian Group Limited will become Abri Group Limited. This follows on from the partnership formed by Radian and Yarlington in November 2019. The Radian group of companies (including Radian Capital PLC and Yarlington Treasury Service PLC) will trade under the Abri brand.


Following Radian's partnership with Yarlington (including Yarlington Treasury Services PLC) in November 2019 the two organisations are now trading under the Abri brand.  

Gary Orr remains Group Chief Executive and Wayne Morris has been appointed Chair of the Abri board. Abri means shelter, which reflects our purpose as a housing provider. We have 80,000 customers, 35,000 homes and plan to build 10,000 high-quality properties in the next decade.  




Housing provider Radian Group has announced the launch of its new name, brand identity and corporate strategy. Now known as Abri, the announcement comes almost one year on from the partnership of Radian and Yarlington in November 2019.  


Gary Orr, Group Chief Executive at Abri, said: "As we move forward as one organisation, we are delighted to launch our new name, brand identity and strategic priorities. We have been working closely with our customers and stakeholders to shape the direction of Abri and understand more fully what is expected from us as a landlord and service provider. Our customers and communities are at the heart of our organisation and their feedback and ideas are reflected in our new corporate strategy." 


As one of the south and south west's largest housing providers with some 80,000 customers across 35,000 homes, Gary said that the new unified brand was a natural step in the organisation's plans to further invest in its homes, customers and communities.  


"Abri means 'shelter' and that's exactly what we're committed to doing," he said. "We believe everyone has the right to a safe, warm, and sustainable home, and to be part of a community where everyone has the opportunity to belong, grow and thrive.  


"While our new organisation is growing at pace, we are committed to continuing to serve our local communities and remaining positively and closely connected to our customers."


"Our new strategy signals our ambition to help tackle the housing crisis while we invest more in our existing homes. We'll build at least 10,000 high quality, sustainable homes over the next decade, offering a choice of affordable tenures and home ownership options. We also plan to invest a further £215 million in our existing homes, ensuring they are sustainable and support our plans to play our part in tackling climate change. As part of our wider commitment to addressing the housing crisis, we are continuing to develop our Homelessness Prevention Strategy aiming to do our bit to help end homelessness for good."  


Wayne Morris, who was appointed Chair at Abri last month, added: "In forming our partnership last year, we brought together the expertise and financial capabilities of two strong organisations. Abri gives us a new, stronger platform from which to move forward at pace to meet our future ambitions." 


Get involved in the conversation on Twitter with @AbriGroup 


Visit our new website abri.co.uk


For further details please contact Carlene Leonard Carlene.Leonard@Abri.co.uk 

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