Yarlington Treasury Services PLC Octavia to join Abri as a subsidiary

RNS Number : 6801I

Yarlington Treasury Services PLC

18 October 2024

Yarlington Treasury Services PLC

18 October 2024

Octavia to join Abri as a subsidiary

Yarlington Treasury Services PLC (the Issuer)

£120,000,000 3.41 per cent. Secured Bonds due 2057 (the Bonds)

The boards of Abri Group Limited (Abri) and Octavia Housing (Octavia) have approved proposals for Octavia to become a wholly owned subsidiary of Abri.

The target date for formal completion is by the end of December, subject to Octavia shareholder approval and lender consents.

Discussions about a potential partnership were first announced in November 2023.

For further information, please contact:

Vimal Gaglani

Yarlington Treasury Services PLC

Collins House

Bishopstoke Road

Eastleigh

Hampshire

SO50 6AD

Email: vimal.gaglani@abri.co.uk

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 or visit 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.

END

MSCKDLFFZBLBFBD

Yarlington 57 (LSE:83BM)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024