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Restructure Proposals

7th Nov 2018 07:00

RNS Number : 5563G
WM Treasury 2 PLC
07 November 2018
 

7 November 2018

 

Announcement of consultation commencement regarding a possible amalgamation within WM Housing Group

 

The Optima Community Association Limited Board and the WM Housing Group coterminous Board (comprising WM Housing Group Limited [parent entity], Whitefriars Housing Group Limited, West Mercia Homes Limited and Family Housing Association (Birmingham) Limited) both resolved to commence a consultation process regarding the possible amalgamation of the 5 Registered Provider entities.

 

Consultation with residents and stakeholders will take place over the coming weeks with no eventual recommendation to both the Optima Board and Coterminous Board being made until at least February 2019.

 

This announcement contains inside information and has been made by Stuart Kellas, Group Chief Financial Officer, on behalf of WM Treasury plc and WM Treasury 2 plc.

 

For further information please contact:

 

WM Housing Group

Stuart Kellas

4040 Lakeside

Solihull Parkway

Birmingham Business Park

B37 7YN

 

Telephone: +44 (0)121 329 0314

Email: [email protected] 

 

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 [email protected] or visit www.rns.com.
 
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