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Extension to debt facilities

One Heritage Group plc (OHG)
One Heritage Group plc: Extension to debt facilities

21-Jan-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

ONE HERITAGE GROUP PLC

(the “Company” or “One Heritage”)

Extension to debt facilities

One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is pleased to announce that it has signed a 12 month extension to its two loans from One Heritage SPC. The original loans of £1.1 million and £1.0 million were issued on 22 July 2020 and 11 August 2020, respectively. They both had a 18 month term and 12.0% interest rate. The extensions have been made at the same interest rate and allow early repayment.

Contacts

Jason Upton

Chief Executive Officer

Email: jason.upton@one-heritage.com

 

Luke Piggin

Finance Director

Email: luke.piggin@one-heritage.com

 

Hybridan LLP (Financial Adviser and Broker)

Claire Louise Noyce

Email: claire.noyce@hybridan.com

Tel: +44 (0)203 764 2341