Delay to publication of audited accounts

Swan Housing Capital

30 October 2023

 

Delay to publication of audited accounts

Swan Housing Capital plc

30 October 2023

Swan Housing Capital plc - £250,000,000 3.625 per cent. Secured Bonds due 2048

On 5 March 2015, Swan Housing Capital plc (the Issuer) issued £250,000,000 3.625 per cent. Secured Bonds due 2048 (the Bonds) and on-lent the proceeds of the Bonds to Swan Housing Association Limited (Swan) pursuant to a bond loan agreement dated 5 March 2015 (as amended or supplemented from time to time, the Bond Loan Agreement).

Further to the Issuer's announcement on the 27 September 2023 in connection with the delay in publishing Swan's audited financial statements for the financial year ending 31 March 2023 (the 2023 Financial Statements), the Issuer now announces that there continues to be a delay.

The Issuer and Swan have obtained consent from the Security Trustee under the Bond Loan Agreement for an extension of the requirement to publish the 2023 Financial Statements by no later than 30 November 2023.

For further information, please contact:

Edward Lunt

Chief Financial Officer

Sanctuary Group

Chamber Court

Castle Street

Worcester

WR1 3ZQ

 

END