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Share Price: 7.50

Bid: 6.00

Ask: 9.00

Change: 0.50 (6.67%)

Spread: 3.00 (50.00%)

Open: 7.50

High: 8.00

Low: 8.00

Prev. Close: 7.50

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IN BRIEF: One Heritage Chief Investment Officer Cheung to resign

Mon, 08th Apr 2024 12:15

One Heritage Group PLC - Manchester-based residential developer focused on the north of England - Chief Investment Officer Yiu Cheung will resign at the end of the month, citing personal reasons. One Heritage appoints a new head of investment who will start their role next week, Monday. The unnamed person will assume all duties of Cheung without joining the board "at this time". The head of investment role is a permanent UK-based position. Chief Executive Officer Jason Upton says: "We are confident of a successful future for OHG under its enhanced senior management team and will update the market when appropriate as we continue to seek and secure new talent."

Current stock price: 11.00 pence each

12-month change: down 33%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

More News

12 Jun 2023 11:45

One Heritage reaches practical completion of Oscar House in Manchester

(Alliance News) - One Heritage Group PLC on Monday announced the practical completion of Oscar House in Manchester.

18 May 2023 21:53

IN BRIEF: One Heritage achieves Liberty House practical completion

One Heritage Group PLC - UK-based residential developer focused on the North of England - Reports practical completion of Liberty House development in Sheffield city centre. Development also known as Bank Street. The four-storey building has mix of one-bed, one-bed duplex and two-bed units. "Due to the building's former use, the high ceilings have allowed for a mezzanine to be installed in some units creating duplex apartments. Liberty House, constructed from local sandstone and originally built in 1894 as a County Court House, is intentionally designed to showcase the building’s attractive inherent Grade II listed features such as its high ceilings, deep skirtings and original architraves," One Heritage says.

14 Apr 2023 19:42

TRADING UPDATES: Anexo announces proceedings issued against Mercedes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

3 Mar 2023 20:24

TRADING UPDATES: Wheelsure shares suspended as funding talks continue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

27 Jan 2023 07:34

IN BRIEF: One Heritage continues to face mounting cost pressures

One Heritage Group PLC - Manchester-based residential property developer in north-west England - On Thursday, says it continues to face industry-wide challenges, including mounting cost pressures from "building materials and also sub-contractor labour shortages". Expects impairments of GBP750,000 to GBP1.3 million across the portfolio due to delays. Adds that a planning application for 34 apartments is awaiting planning permission. One Heritage says the project will generate net revenue of GBP5.6 million.

25 Oct 2022 13:51

One Heritage shares fall amid widened annual loss as costs skyrocket

(Alliance News) - One Heritage Group PLC on Tuesday reported a widened annual loss despite a jump in revenue, as costs ballooned.

7 Oct 2022 14:30

IN BRIEF: One Heritage notes lack of UK quality accommodation supply

One Heritage Group PLC - Manchester-based residential property developer in north-west England - Says it continues to experience industry-wide challenges such as increasing cost pressure regarding building materials and sub-contractor labour shortages. Expects there will be an impairment of two of its development projects.

2 Aug 2022 06:58

One Heritage appoints former Countryside Partnerships director as CFO

(Alliance News) - One Heritage Group PLC on Monday named Anthony Unsworth as its new chief financial officer, effective immediately.

7 Jul 2022 06:57

IN BRIEF: One Heritage raises GBP1.3 million to fund acquisitions

One Heritage Group PLC - Manchester-based residential property developer in north-west England - Raises GBP1.3 million by issuing 6.3 million shares at 20.0 pence each. Adds that Vanessa Martin, who is connected to Chief Executive Officer Jason Upton, is interested in buying 1.1 million shares, which represent 3.4% of the company's total voting rights. The newly issued shared represent about 19% of the pre-issuance share capital of the firm.

29 Jun 2022 21:52

IN BRIEF: One Heritage Group signs agreement with majority shareholder

One Heritage Group PLC - residential property developer in north-west England - Signs an agreement with One Heritage Property Development Ltd to set out a formal relationship between the two companies. OHPD is the majority shareholder in OHG, holding 64% of its share capital. The companies also have a director in common in Yiu Tak (Peter) Cheung.

10 May 2022 14:44

IN BRIEF: One Heritage Group sells property to related company

One Heritage Group PLC - residential property developer in north-west England - Sells Nicholas Street Developments Ltd to One Heritage Property Rental Ltd. The latter's firm parent company is Heritage SPC – UK Property Development Fund SP2. Yiu Tak Cheung is an investment manager of Heritage SPC and a director at One Heritage Group. One Heritage Group will receive GBP650,000 for the sale, a gain of GBP190,000 from when it bought the property in July 2019.

29 Mar 2022 17:05

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One Heritage Share News (OHG)

Share Price Information for One Heritage (OHG)

IN BRIEF: One Heritage Chief Investment Officer Cheung to resign

One Heritage reaches practical completion of Oscar House in Manchester

IN BRIEF: One Heritage achieves Liberty House practical completion

TRADING UPDATES: Anexo announces proceedings issued against Mercedes

TRADING UPDATES: Wheelsure shares suspended as funding talks continue

IN BRIEF: One Heritage continues to face mounting cost pressures

One Heritage shares fall amid widened annual loss as costs skyrocket

IN BRIEF: One Heritage notes lack of UK quality accommodation supply

One Heritage appoints former Countryside Partnerships director as CFO

IN BRIEF: One Heritage raises GBP1.3 million to fund acquisitions

IN BRIEF: One Heritage Group signs agreement with majority shareholder

IN BRIEF: One Heritage Group sells property to related company

TRADING UPDATES: Solid 2021 for Ten Entertainment, Central Asia Metals

IN BRIEF: One Heritage Group acquires Seaton House for GBP675,000

IN BRIEF: One Heritage loss widens, development construction continues

IN BRIEF: One Heritage Group subsidiaries to go into liquidation

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One Heritage Share News (OHG)

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