Accent Capital PLC Statement re Partnership Discussions (3589Z)

TIDM93FO

RNS Number : 3589Z

Accent Capital PLC

21 May 2021

Accent Capital PLC

21 May 2021

Accent Group Limited and Paragon Asra Housing Limited - Partnership Discussions Cease

Following respective Board meetings earlier this week it has been decided that the proposed partnership between Accent Group and PA Housing will not progress to the due diligence stage and discussions have ended.

Whilst disappointing in terms of the opportunity this partnership would have presented, the focus for Accent will remain on delivering high quality homes and services to our customers and communities.

We will continue to focus on driving our ambitious Corporate Strategy harnessing positive and progressive partnerships where they enhance Accent's already resilient business to do more for our customers.

[Ends]

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 [e-mail] 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

STRFLFLDEAIIFIL

(END) Dow Jones Newswires

May 21, 2021 04:00 ET (08:00 GMT)