17th Nov 2009 10:55
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FOR IMMEDIATE RELEASE |
17 November 2009 |
WREN HOMES GROUP PLC
("Wren" or "the Group")
Wren Homes Group Plc, the AIM listed provider of retirement living, through a range of Extra Care and other services for the independent elderly
Result of General Meeting
Change of name to Wren Extra Care Group Plc
Wren Homes Group Plc, the AIM listed provider of retirement living, through a range of Extra Care and other services for the independent elderly, announced on 23 October 2009 that it had sent a circular to shareholders in order to seek Shareholder approval to change the name of the Company to 'Wren Extra Care Group Plc' and also to adopt new articles of association compliant with the Companies Act 2006. At a General Meeting of the Company held earlier today, all of the resolutions relating to these proposals were passed.
The name of the Company has been changed at Companies House today and the Company's Ordinary Shares will trade under the new name with effect from 18 November 2009. The Company's new TIDM (ticker symbol) is 'WREN'. No new share certificates are being issued in respect of the existing Ordinary Shares held in certificated form. Shareholders should retain their existing share certificates which will continue to be valid.
-ENDS-
Enquiries:
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Wren Homes Group plc |
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Paul Treadaway, CEO |
Tel: 01372 742 244 |
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www.wrenhomesplc.co.uk |
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Shore Capital (Nominated Adviser) |
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Pascal Keane |
Tel: 020 7408 4090 |
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Peckwater PR |
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Tarquin Edwards |
Tel: 07879 458 364 |
Notes to Editors
The Company has decided to seek a change of name to more accurately reflect the changed nature of its mainstream business. Over the last few years the Company has increasingly moved its focus towards the "retirement homes" market.
Due to overwhelming demographic pressure and driven by government policy there is an increasing need for the provision of suitable housing for the growing number of elderly people in the UK who wish to continue to live in their own homes. The Company is now moving into the Extra Care retirement sector, an offering which sits between older style retirement housing and full residential and care homes, which are typically very expensive.
This enables people to benefit from enhanced security and the opportunity to avail themselves of increasing levels of domiciliary and healthcare services. The Company has moved towards providing these services for its new retirement housing schemes, which are called Extra Care Schemes. The Company therefore proposes to change its name to Wren Extra Care Group Plc.
Related Shares:
Wt Rene Etf