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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ashley House Plc | LSE:ASH | London | Ordinary Share | GB00B1KKCZ55 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.20 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMASH
RNS Number : 2381X
Ashley House PLC
26 August 2020
26 August 2020
Ashley House plc
Proposed Company Voluntary Arrangement
On 30 July, Ashley House plc (the "Company") advised that a Company Voluntary Arrangement ("CVA") was being proposed and a creditors' meeting followed by a shareholders' meeting would be held today to consider the proposal.
The Company advises that both the creditors' and shareholders' vote for the CVA have been passed and therefore the Company will now proceed with the Proposed Transaction as described in the update on 30 July to potentially combine with Piper Homes plc ("Piper") by way of a Reverse Takeover or similar transaction ("RTO").
In the meantime, the Company will continue to explore a number of property development projects in conjunction with Piper.
Trading in the Company's shares on AIM will remain suspended pending the RTO taking place within the foreseeable future.
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
Enquiries:
Ashley House plc 01628 600 340
Antony Walters
Jonathan Holmes
James Hathaway
WH Ireland 0207 220 1666
(Nominated Adviser and Broker)
Adrian Hadden
James Sinclair-Ford
Darshan Patel
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 rns@lseg.com or visit www.rns.com.
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END
MSCLQLFLBVLLBBE
(END) Dow Jones Newswires
August 26, 2020 08:27 ET (12:27 GMT)
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