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IN BRIEF: One Heritage Group signs agreement with majority shareholder

29th Jun 2022 21:52

One Heritage Group PLC - residential property developer in north-west England - Signs an agreement with One Heritage Property Development Ltd to set out a formal relationship between the two companies. OHPD is the majority shareholder in OHG, holding 64% of its share capital. The companies also have a director in common in Yiu Tak (Peter) Cheung.

"The relationship agreement ensures that One Heritage continues to operate independently of OHPD and that any transactions between OHPD and One Heritage will be on normal commercial and arm's length terms," the firm explains.

Current stock price: 15.00 pence, down 25% on Wednesday

12-month change: down 89%

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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