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ONE HERITAGE GROUP PLC

Capital/Financing Update Jan 21, 2022

5052_bfr_2022-01-21_3b0787a6-bdbb-4c16-a9c5-4f67a549ced4.html

Capital/Financing Update

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National Storage Mechanism | Additional information

One Heritage Group plc (OHG)

One Heritage Group plc: Extension to debt facilities

21-Jan-2022 / 07:00 GMT/BST

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.


21 January 2022

ONE HERITAGE GROUP PLC

(the "Company" or "One Heritage")

Extension to debt facilities

One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is pleased to announce that it has signed a 12 month extension to its two loans from One Heritage SPC. The original loans of £1.1 million and £1.0 million were issued on 22 July 2020 and 11 August 2020, respectively. They both had a 18 month term and 12.0% interest rate. The extensions have been made at the same interest rate and allow early repayment.

Contacts

One Heritage Group plc

Jason Upton

Chief Executive Officer

Email: [email protected]

Luke Piggin

Finance Director

Email: [email protected]

Hybridan LLP (Financial Adviser and Broker)

Claire Louise Noyce

Email: [email protected]

Tel: +44 (0)203 764 2341

About One Heritage Group

One Heritage Group PLC is a property development and management company. It focuses on the residential sector primarily in the North of England, seeking out value and maximising opportunities for our investors. We are a team of dedicated residential property development experts. In 2020 One Heritage Group PLC became one of the first publicly listed residential developers with a focus on co-living.

The Company is listed on the Standard List of the Main Market of the London Stock Exchange, trading under the ticker OHG. 

For further information, please visit the Company's website at https://www.oneheritageplc.com/


ISIN: GB00BLF79495
Category Code: UPD
TIDM: OHG
LEI Code: 2138008ZZUCCE4UZHY23
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 137974
EQS News ID: 1271174
End of Announcement EQS News Service

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