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ONE HERITAGE GROUP PLC
Capital/Financing Update • Mar 5, 2025
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Capital/Financing Update
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National Storage Mechanism | Additional information
Zentra Group plc (ZNT)
Zentra Group plc: Unsecured Loan Extension
05-March-2025 / 12:00 GMT/BST
5 March 2025
ZENTRA GROUP PLC
(“Zentra”, “the Company” or “the Group” or “ZNT”)
Zentra Group plc: Unsecured Loan Extension
Zentra Group PLC ("Zentra" or the "Company"), the Manchester based residential developer and development manager is pleased to have today signed a 12-month extension to a £500,000 unsecured loan.
In March 2024, the Company announced its repayment of a £1.5 million unsecured corporate bond and secured a new 12-month £500,000 unsecured loan with a bondholder at an interest rate of 8% per annum. This loan has now been extended for a further 12 months at a revised interest rate of 6% per annum, effective from 15 March 2025.
The extension provides the Company with additional financial flexibility as it continues to execute its development strategy, ensuring it can allocate capital effectively while progressing key projects.
Contacts
Zentra Group plc
Jason Upton
Chief Executive Officer
Email: [email protected]
Nick Courtney
Finance Director
Email: [email protected]
Hybridan LLP (AQSE Corporate Adviser and AQSE Broker)
Claire Louise Noyce
Email : [email protected]
Tel: +44 (0)203 764 2341
About Zentra Group plc
Zentra Group 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 investors. The Company is currently listed on the Access Segment of the Aquis Stock Exchange Growth Market, trading under the ticker ZNT.
For further information, please visit the Company’s website at www.zentragroup.co.uk The previous website www.oneheritageplc.com will automatically redirect to the new website.
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| ISIN: | GB00BLF79495 |
| Category Code: | UPD |
| TIDM: | ZNT |
| LEI Code: | 2138008ZZUCCE4UZHY23 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 378095 |
| EQS News ID: | 2095765 |
| End of Announcement | EQS News Service |