LONDON - Thames Valley Housing Association Limited (TVHA) has announced a reorganization of its corporate structure, becoming a subsidiary of Metropolitan Housing Trust Limited as of December 31, 2024. The change follows shareholder approval and the registration of the necessary alterations by the Financial Conduct Authority.
Metropolitan Funding Plc, which is involved in the financing activities for the group, will continue to operate as a wholly owned subsidiary under Metropolitan Housing Trust Limited. The announcement indicated that there are no further changes to the group structure.
This strategic move is part of TVHA's efforts to streamline operations and may reflect the organization's objectives for future growth and development within the housing sector. However, the press release did not elaborate on the specific reasons behind the restructuring or the expected benefits of becoming a subsidiary.
Investors and stakeholders are directed to contact Donald McKenzie, Director of Corporate Finance, for inquiries. Additional information for investors is also available on the Metropolitan Housing Trust’s website.
The news, based on a press release statement, emphasizes that the information should not be seen as an offer or solicitation to buy or sell any securities, nor should it be taken as investment advice. It is purely informational and pertains to the internal corporate structure of the Thames Valley Housing Association group.
The London Stock Exchange (LON:LSEG)'s news service, RNS, has disseminated this announcement, and it is approved by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280) for distribution. Terms and conditions relating to the use and dissemination of such information may apply.
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