TIME FINANCE PLC

Capital/Financing Update • Nov 14, 2022

National Storage Mechanism | Additional information

RNS Number : 3444G

Thrive Homes Finance PLC

14 November 2022

Thrive Homes Finance Plc

14th November 2022

£200,000,000 4.68 per cent. Secured Bonds due 2051

ISIN XS1045992655

Thrive Homes Limited (the Original Borrower) have completed today on the acquisition of circa 530 properties from a London based Housing Association. The Original Borrower will continue to manage these properties.  This acquisition helps remove development risk from its plan as its off the shelf and also further its growth and strengthen the Balance Sheet. Ultimately this means Thrive will continue with the supply of affordable homes in its area of operation.  Further communications will also be shared on our website.

For further information, please contact:

Mark Farrar

Executive Director of Resources

Thrive Homes Finance Plc

Westside

London Road

Hemel Hempstead 

HP3 9TD

Telephone: 03331363950

Email: mark.farrar@thrivehomes.org.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACQUSRSRUUUAAAA