Catalyst Housing Limited Catalyst and Peabody proposal to join together (9161G)
2021年7月30日 - 5:00PM
ＲＮＳを含む英国規制内ニュース （英語）
TIDM94DD
RNS Number : 9161G
Catalyst Housing Limited
30 July 2021
Catalyst and Peabody announce proposal to join together
30 July 2021
Peabody and Catalyst Housing Limited have today announced
proposals to join together to create a better, locally focused
organisation. Both organisations' Boards believe there are
significant benefits for residents in joining together, and are now
launching consultations with residents to seek their views.
With scope to invest and innovate more in services, homes,
communities, technology and people, the organisations believe the
proposal would allow them to go further and faster with plans to
improve service delivery and ways of working. Their combined
financial capacity would allow them to share resources, be more
efficient and meet their commitment to build affordable homes and
places with safety, quality and energy efficiency at the core.
If the proposals go ahead, the combined organisation would be
led by Ian McDermott. Ian McDermott will also be taking over as
(interim) CEO of Peabody when Brendan Sarsfield leaves at the end
of September. Peabody Chair, Lord Kerslake will be Designate Chair
for the new organisation and Ravi Rajagopal, Chair of Catalyst will
be Designate Vice Chair.
Ian McDermott, CEO of Catalyst and designate CEO for the
combined organisation, said:
"We believe that we can go further and faster together. With our
shared, aspirations and geographical reach, we can create an
organisation which has customers at the front and centre of its
thinking and planning. We will have a stronger local focus and be
more connected with our communities. We can combine this with the
benefits of scale and the ability created by the larger
organisation. It is difficult to imagine two organisations with
more closely aligned values and vision for the future."
Lord Kerslake, Chair of Peabody and designate chair for the
combined organisation, said:
"Our new association will have around 100,000 homes, and I
believe that this scale, combined with our local knowledge, will
enable us to provide valuable insight from our residents'
experiences to help better inform policy and have a positive impact
on life chances. We'll look forward to working with government and
partners to develop innovative solutions that improve services to
customers, enhance building safety and reduce carbon
consumption."
The organisations will be launching resident consultations in
the summer to gather their views, before the respective Boards
consider feedback and decide whether to proceed with the proposals
in the Autumn. The proposal envisages Catalyst joining Peabody in
Spring 2022, as a subsidiary.
-Ends-
This update may contain certain forward-looking statements
reflecting, among other things, our current views on markets,
activities and prospects. Actual outcomes may differ materially.
Such statements are a correct reflection of our views only on the
publication date and no representation or warranty is given in
relation to them, including as to their completeness or accuracy or
the basis on which they were prepared.
Please contact Michaela Booth, Director of Corporate Finance on
michaela.booth@chg.org.uk for further information.
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
MSCGCGDRXSDDGBC
(END) Dow Jones Newswires
July 30, 2021 04:00 ET (08:00 GMT)
Catalyst Hou 47 (LSE:94DD)
過去 株価チャート
から 5 2024 まで 6 2024
Catalyst Hou 47 (LSE:94DD)
過去 株価チャート
から 6 2023 まで 6 2024
