Aster Treasury PLC Aster Group in early partnership talks (4420U)
August 01 2022 - 6:50AM
UK Regulatory
TIDM42RJ
RNS Number : 4420U
Aster Treasury PLC
01 August 2022
Aster Treasury Plc
RNS No: 4420U
1 August 2022
Aster Group plans merger with Disability charity Enham Trust
Aster Group and disability charity, Enham Trust have today
announced they are in early talks for Enham Trust to join Aster
Group, subject to consultation and final approval in the
autumn.
Aster Group, headquartered in Wiltshire, is a not-for-dividend
housing association with over 35,000 homes, 1,720 employees and a
turnover of GBP240.9 million. It serves customers across the south
of England.
Enham Trust based in Andover, Hampshire is a disability charity
that supports disabled people to live and work as independently as
possible. Enham Trust owns 300+ homes including those for social
rent, supported living and residential care services.
The partnership would increase Aster's net assets by GBP5m to
GBP894m based on the most recent audited financial statements of
each entity.
ENDS
For more information contact:
Chris Benn, chief financial officer - chris.benn@aster.co.uk
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCGCGDIIXGDGDB
(END) Dow Jones Newswires
August 01, 2022 06:50 ET (10:50 GMT)
Aster 43 (LSE:42RJ)
Historical Stock Chart
From Nov 2024 to Dec 2024
Aster 43 (LSE:42RJ)
Historical Stock Chart
From Dec 2023 to Dec 2024
