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| Name | Symbol | Market | Type |
|---|---|---|---|
| Optivo Fin 48 | LSE:35KZ | London | Bond |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
From Nov 2023 to May 2024
TIDM35KZ
RNS Number : 0185U
Optivo Finance PLC
20 November 2023
Optivo Finance Plc (the Issuer)
Decant of residents from Centrium 1 (Eastgate), Woking
Southern Housing (the Borrower ) owns, under a headlease, a property in Woking called Centrium 1 which comprises 60 flats (the Property ).
The Borrower is currently carrying out further investigations into materials used in the construction of the Property. The investigations centre around the composition of concrete used in the construction of the Property.
Due to concerns around the composition of the concrete a decision has been taken to decant all residents from the Property. The Borrower is working alongside all parties to manage the process effectively ahead of full results of further investigations being known.
The Property is not securing any obligations of the Issuer or the Borrower under their financing agreements.
MORE INFORMATION
Investors (southernhousing.org.uk)
Tariq Kazi, Director of Financial Strategy, 020 8036 2293
Optivo Finance PLC (registered number 7933814) is a wholly owned subsidiary of Southern Housing.
Southern Housing is a community benefit society with registered number 8983 and registered as a Registered Provider with the Regulator of Social Housing with number 5171.
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END
MSCPPGAWGUPWGPU
(END) Dow Jones Newswires
November 20, 2023 07:41 ET (12:41 GMT)
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