Christie & Co facilitates charitable trust merger

Christie Group PLC

05 February 2024

 

5 February 2024

Christie Group plc

("Christie Group" or the "Company")

Christie & Co care team successfully facilitates charitable trust merger

Christie Group plc (CTG.L), is pleased to report that its specialist business property adviser, Christie & Co, has assisted in the merger of two charitable trusts, operating in the social care sector.

The Orders of St John Care Trust (OSJCT) has announced its merger with The Fremantle Trust, in a transaction where Christie & Co's market-leading Care team brokered the combination of the two charities.

Established in 1991, OSJCT is a charitable trust which supports nearly 3,000 older people, employs just over 4,400 colleagues, and manages over 500 volunteers in 61 care homes and 8 extra housing schemes across Gloucestershire, Lincolnshire, Oxfordshire, Suffolk, West Sussex and Wiltshire.

The Fremantle Trust, also a charitable trust, has a significant presence in Buckinghamshire, supporting over 750 people and employing over 1,300 colleagues across multiple facilities.

Richard Lunn, Managing Director - Care at Christie & Co, commented: "It was a pleasure to facilitate the merger of these two well-established, well-respected charitable trusts whose shared values will no doubt create a brilliant partnership, making a true difference to the lives of the people in their care."

Dan Prickett, Christie Group plc Chief Executive, commented: "This transaction illustrates and reinforces Christie & Co's longstanding and established reputation across the UK's 'third sector', which has resulted in numerous positive outcomes for our clients and the communities in which they operate over many years, and which we are excited about continuing to support moving forwards."

Enquiries:

Christie Group plc

Dan Prickett                                                                                       [phone]

Chief Executive                                

Richard Lunn                                                                                      [phone]

Manager Director - Care, Christie & Co

Shore Capital

Patrick Castle / Iain Sexton                                                          020 7408 4090

Nominated Advisor and Broker

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services group with 37 offices across the UK and Europe, catering to its specialist markets in the hospitality, leisure, healthcare, medical, childcare & education and retail sectors.

Christie Group operates in two complementary business divisions: Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PFS - Christie & Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long-established reputation for offering valued services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and online ticketing services, stock audit and inventory management. The diversity of these services provides a natural balance to the Group's core agency business.

For more information, please go to https://www.christiegroup.com/

 

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