Saffron Housing Finance PLC Statement re inside information (0154J)

TIDM71KN

RNS Number : 0154J

Saffron Housing Finance PLC

05 September 2016

6 September 2016

Further Announcement of Inside Information relating to Saffron Housing Trust Limited

Saffron Housing Trust Limited (the Association) announced on 5 September 2016 that it became aware of certain procedural defects in the historic appointment of its independent board members up to September 2011 which resulted in a number of its board meetings, up to and after that date, being inquorate and certain resolutions passed at those board meetings not having the requisite valid Board authorisations. The Board of the Association has now ratified all relevant resolutions in need of ratification so that valid Board authorisations are now in place.

This announcement contains inside information and has been made by Amanda Cook, Chair, on behalf of Saffron Housing Finance plc.

For further information, please contact:

Saffron Housing Trust Limited

John Whitelock, acting CEO

Saffron Barn

Swan Lane

Long Stratton NR15 2XP

Telephone: +44 (0)1508 532 046

Fax: +44 (0)1508 532 083

Email: jwhitelock@saffronhousing.co.uk

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