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One Heritage Group plc: Extended Support from Parent Company With An Increased Debt Facility

One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is announcing that its parent company and majority shareholder One Heritage Property Development Ltd (OHPD) has extended its support and increased its £12.3 million debt facility (the “Facility”) by £1.7m to £14.0m. The extension has been made at the same interest rate of 7% and a repayment date of 31 December 2024.

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Contacts

Jason Upton

Chief Executive Officer

Email: jason.upton@one-heritage.com

 

Anthony Unsworth

Chief Financial Officer

Email: anthony.unsworth@one-heritage.com

 

Hybridan LLP (Financial Adviser and Broker)

Claire Louise Noyce

Email: claire.noyce@hybridan.com

Tel: +44 (0)203 764 2341

 

Yellow Jersey PR (Financial PR)

Charles Goodwin/Annabelle Wills/Bessie Elliot

Email: oneheritage@yellowjerseypr.com

Tel: +44 (0)203 004 9512