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20SY Optivo 5.25%

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0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Optivo 5.25% LSE:20SY London Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Optivo Finance PLC Merger Agreement (5426B)

03/10/2022 10:15am

UK Regulatory


Optivo 5.25% (LSE:20SY)
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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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