One Heritage Group plc: Lincoln House Sales Further Update 29 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 15 September 2023 a further announcement was made that notices to complete expired on 14 September 2023 and the company expected to enter into an agreement with the buyer to allow an extension of time of 21 days.
The Company is pleased to confirm that the completion of the remaining fifteen units has now taken place ahead of the updated deadline of 09 October 2023. The funds have been received in full, including an interest payment that the buyer had to pay.
The Company looks forward to updating all shareholders on the Full Year Results in Q4 2023.
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