Riverside Finance plc News of Potential Deal Transaction (7494C)

TIDM45GP

RNS Number : 7494C

Riverside Finance plc

24 June 2021

Riverside Finance plc - GBP250,000,000 3.875% Secured Bonds due 2044

ISIN number: XS1148849018

The Board of The Riverside Group Limited (Registered Provider number L4552), parent to Riverside Finance plc (Company Number 09225450), and the Board of One Housing Group Limited (Registered Provider number LH0171), have agreed to work on coming together in partnership later in 2021, following receipt in due course of all of the required consents and approvals.

The current intention is that One Housing Group Limited (and its subsidiaries) will initially join Riverside as a subsidiary of The Riverside Group Limited.

More information is available on the proposals at this time on the websites of both The Riverside Group Limited and One Housing Group Limited in the form of a Frequently Asked Questions document; this will be updated throughout the course of the summer as the business case continues to evolve and further due diligence is completed.

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June 24, 2021 04:00 ET (08:00 GMT)

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