One Heritage Group plc: Lincoln House Sales Update

15 September 2023         

ONE HERITAGE GROUP PLC

(the “Company”)

Lincoln House Sales Update

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 1 September 2023 a further announcement was made that legal notices to the buyer have been issued to complete the transaction within ten working days and that a further update will be provided by 15 September 2023.

Notices to complete expired at the business close on 14 September 2023 and the Company expects to enter into an agreement with the buyer to allow an extension of time of 21 days for ten units once a further five sales are completed by close of business on 18 September 2023.

The Company will make any further announcements as and when needed.

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

Yellow Jersey PR (Financial PR)

Charles Goodwin/Annabelle Wills/Bessie Elliot

Email: oneheritage@yellowjerseypr.com

Tel: +44 (0)203 004 9512

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/.