One Heritage Group plc: Lincoln House Sales Further Update 15 Sept
One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, on 24 August 2023 announced that it was experiencing delays with the completion of the sale of fifteen units at Lincoln House, Bolton. On the 1 September 2023 a further announcement was made that legal notices to the buyer have been issued to complete the transaction within ten working days and that a further update will be provided by 15 September 2023.
Notices to complete expired at the business close on 14 September 2023 and the Company expects to enter into an agreement with the buyer to allow an extension of time of 21 days for ten units once a further five sales are completed by close of business on 18 September 2023.
The Company will make any further announcements as and when needed.
Chief Executive Officer
Chief Financial Officer
Hybridan LLP (Financial Adviser and Broker)
Claire Louise Noyce
Tel: +44 (0)203 764 2341
Yellow Jersey PR (Financial PR)
Charles Goodwin/Annabelle Wills/Bessie Elliot
Tel: +44 (0)203 004 9512