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Name | Symbol | Market | Type |
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Optivo 5.25% | LSE:20SY | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
TIDM20SY
RNS Number : 5426B
Optivo Finance PLC
03 October 2022
Optivo and Southern Housing Group merger approved
The boards of Optivo and Southern Housing Group have approved proposals to merge and create a new 77,000 home social landlord.
The new organisation will be named Southern Housing and the target date for formal completion is early 2023 , subject to lender consents.
Discussions about a potential merger were first announced in March this year.
Optivo is a community benefit society with registered number 7561 and registered as a Registered Provider with the Regulator of Social Housing with number 4851.
Optivo Finance Plc (registered number 7933814) is a wholly owned subsidiary of Optivo.
Southern Housing Group Limited is a community benefit society with registered number 31055R and registered as a Registered Provider with the Regulator of Social Housing with number L4628.
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(END) Dow Jones Newswires
October 03, 2022 05:15 ET (09:15 GMT)
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