Affinity Sutton Capital Markets PLC Merger Update (3303L)
September 30 2016 - 5:00AM
UK Regulatory
TIDM51GC
RNS Number : 3303L
Affinity Sutton Capital Markets PLC
30 September 2016
Merger Update - 30(th) September 2016
The proposed merger between Affinity Sutton Group and Circle
Housing Group has received conditional regulatory approval from the
Homes and Communities Agency (HCA), subject to the passing of a
resolution for a transfer of engagements and to obtaining all
necessary lenders' consents. Legal completion will now take place
as soon as practicably possible.
The name of the new merged organisation will be Clarion Group,
and will include a newly formed commercial company - Latimer, which
will lead on the Group's housebuilding programme. The individual
housing associations will continue to operate until a later
date.
For more information please contact Lucy Pond: 0207 378 5555 /
lucy.pond@affinitysutton.com
This information is provided by RNS
The company news service from the London Stock Exchange
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September 30, 2016 05:00 ET (09:00 GMT)
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