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IN BRIEF: Ashley House Gets Approval For Restructuring Proposal

Wed, 26th Aug 2020 14:15

Ashley House PLC - health and social care property investor - Gets approval from shareholders and creditors for a company voluntary arrangement. To now proceed with a potential combination with Piper Homes PLC by way of a reverse takeover or similar transaction. Will continue to explore a number of property development projects in conjunction with Piper Homes. Trading in the company's shares on AIM market will remain suspended pending the takeover taking place within the foreseeable future.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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11 Dec 2020 15:20

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30 Mar 2020 18:16

Ashley House Subsidiary Appoints Administrators, Streamlines Board

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6 Mar 2020 13:06

Ashley House Requests Share Suspension Amid Financial Doubt

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27 Feb 2020 14:16

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31 Jan 2020 12:00

Ashley House To Post 18 Month Loss Including Morgan Ashley Disposal

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31 Jan 2020 10:14

Ashley House continues to seek funding to deliver on opportunities in pipeline

(Sharecast News) - Health and housing property outfit Ashley House said on Friday that it was continuing to seek financing to ensure it had available resources to sustainably deliver on opportunities in its pipeline.

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11 Dec 2019 12:59

Ashley House Hires Shareholder Adrian Wright As Director

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10 Dec 2019 13:26

Ashley House Considers Financing Options; Names New Director

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14 Nov 2019 17:42

Ashley House Changes Year-End Date After Morgan Ashley Stake Sale

Ashley House Changes Year-End Date After Morgan Ashley Stake Sale

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21 Oct 2019 17:38

Ashley House Sells Entire 50% Stake In Morgan Ashley For GBP2 Million

Ashley House Sells Entire 50% Stake In Morgan Ashley For GBP2 Million

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2 Sep 2019 08:45

Ashley House reaches financial close at delayed joint-venture scheme

(Sharecast News) - Property manager Ashley House finally reached the financial close of its Morgan Ashley joint-venture scheme at Romsey on Monday.

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6 Aug 2019 11:08

Ashley House Founding Director Stephen Minion To Step Down

(Alliance News) - Housing and health property partner Ashley House PLC said Tuesday that one of its founding directors and shareholders, Stephen Minion, has stepped down from the board, effective

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1 Aug 2019 11:55

Ashley House Eyes Further Funding After Delay To Extra Care Schemes

(Alliance News) - Ashley House PLC said Thursday that the three extra care schemes mentioned in two previous trading updates have not yet reached financial close.Shares in Ashley House were

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5 Jul 2019 11:38

Ashley House To Post Loss For 2019 Financial Amid Scheme Delays

(Alliance News) - Ashley House PLC on Friday said it will now likely post a loss for the year ended June 30 after three properties in Morgan Ashley scheme did not reach financial closure in health

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