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Octavia to join Abri as a subsidiary

18th Oct 2024 07:00

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: [email protected]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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