Timing of FY results and Trading Update (1459149)
07 Octubre 2022 - 6:00AM
UK Regulatory
One Heritage Group plc (OHG) Timing of FY results and Trading
Update 07-Oct-2022 / 12:00 GMT/BST Dissemination of a Regulatory
Announcement that contains inside information in accordance with
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issuer is solely responsible for the content of this
announcement.
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7 October 2022
ONE HERITAGE GROUP PLC
Timing of FY results and Trading Update
One Heritage Group PLC (LSE: OHG) ("One Heritage", "OHG plc"),
the UK-based residential developer focused on the North of England,
will publish its results for the full year ending 30 June 2022 in
the second half of October 2022.
One Heritage continues to experience industry-wide challenges
including mounting cost pressures in respect of building materials
and sub-contractor labour shortages. Consequently, it is
anticipated that there will be an impairment of two of its
development projects. Some delays have also been experienced across
One Heritage's development portfolio due to a variety of factors
and further details will be provided in the published results.
Jason Upton, Chief Executive Officer of OHG plc commented:
"There continues to be a lack of supply of quality residential
accommodation in the UK, especially within areas of the North of
England which demonstrates that there is a strong demand, despite
the cost challenges and pressure that property developers are
facing. One Heritage is particularly well-positioned to satisfy
market demand in its chosen sectors, and is confident in delivering
upon its business strategy. We will update the market in full in
due course in our full year financial results later this month,
which will be followed by our usual investor presentation."
Contacts
One Heritage Group plc
Jason Upton
Chief Executive Officer
Email: jason.upton@one-heritage.com
Anthony Unsworth
Chief Financial Officer
Email: anthony.unsworth@one-heritage.com
Hybridan LLP (Financial Adviser and Broker)
Claire Louise Noyce
Email: claire.noyce@hybridan.com
Tel: +44 (0)203 764 2341
About One Heritage Group
One Heritage Group PLC is a property development and management
company. It focuses on the residential sector primarily in the
North of England, seeking out value and maximising opportunities
for investors. In 2020 One Heritage Group PLC became one of the
first publicly listed residential developers with a focus on
co-living.
The Company is listed on the Standard List of the Main Market of
the London Stock Exchange, trading under the ticker OHG.
For further information, please visit the Company's website at
https://www.oneheritageplc.com/.
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ISIN: GB00BLF79495
Category Code: TST
TIDM: OHG
LEI Code: 2138008ZZUCCE4UZHY23
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 193160
EQS News ID: 1459149
End of Announcement EQS News Service
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