Affinity Sutton Capital Markets PLC Update to investors (9866R)

TIDM51GC TIDMTTM

RNS Number : 9866R

Affinity Sutton Capital Markets PLC

15 December 2016

Update to investors - 15(th) December 2016

The Homes and Communities Agency (HCA) has issued an interim regulatory judgement on Clarion Housing Group. The Group's governance has been graded at G2 and its viability has been graded at V1. This reflects the HCA's new regulatory approach published today, which stipulates that interim judgements on newly merged providers will be based on a starting assumption that the lower of the two existing grades will apply.

Clarion Housing Group continues to work towards a G1 grade, including completing the simplification of Circle Housing Group's legacy structures.

An investors' call will be held next week.

ENDS

For more information please contact Anna Upton: 0203 784 3746 / anna.upton@clarionhg.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGMMMZFKKGVZM

(END) Dow Jones Newswires

December 15, 2016 08:14 ET (13:14 GMT)

Affinity Sut.38 (LSE:51GC)
Historical Stock Chart
From Jun 2024 to Jul 2024