Libra (Longhurst Group)Treasury PLC Notification of Partnership Discussions

RNS Number : 6430W

Libra (Longhurst Group)Treasury PLC

17 July 2024

 

LIBRA (LONGHURST GROUP) TREASURY PLC

LIBRA (LONGHURST GROUP) TREASURY NO 2 PLC

 

(the "Issuers")

 

LIBRA (LONGHURST GROUP) TREASURY PLC

£250,000,000 5.125 per cent. Secured Bonds due 2038

ISIN XS0806873385

 

LIBRA (LONGHURST GROUP) TREASURY NO 2 PLC

£350,000,000 3.250 per cent. Secured Bonds due 2043 

ISIN XS1817419705

 

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA (OR TO U.S. PERSONS), AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

Notification of Partnership Discussions

Notice is hereby given that Longhurst Group ("Longhurst") have entered into discussions with Grand Union Housing Group ("Grand Union") around a potential merger of the two organisations.  

The proposition is based upon the close alignment of both organisations' values, future vision and the geographies in which they operate. It is also believed that the two organisations would be stronger together as a larger organisation with more resilience to respond to a challenging operating environment. The new partnership will focus on building more homes, enhancing the provision services to its collective customers, strengthening its communities and improving people's lives.

Longhurst is a charitable housing association registered in England as a Community Benefit Society (Reg. Nº. 8009) and registered with the Regulator of Social Housing (Nº. L4277).

Grand Union is a charitable housing association registered in England as a Community Benefit Society (Reg. No. 7853) and registered with the Regulator of Social Housing (Nº. L5060).

For further information contact:

 

Rob Griffiths

Deputy Chief Executive & Chief Financial Officer

Longhurst Group

1 Crown Court

Crown Way

Rushden

Northamptonshire NN10 6BS

 

 

Telephone - 01205 204 281

Email: [e-mail]

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