director buy @ 9.94p29 Oct 2015 15:00
few weeks back @ 9.94p £49,700 worth. Earlier this month funding arranged..
Ashley House plc ("Ashley House" or the "Company"), the health and community care property partner, is pleased to advise that it has signed a £1.5m loan facility to support the development of its projects.
This loan facility follows the announcement last week of a Funding and Partnering Agreement with Funding Affordable Homes ("FAH") which (subject to project due diligence) is expected to secure funding for the construction and long term ownership of the Company's Extra Care schemes. The Board anticipates that as the Extra Care pipeline accelerates, the requirement to fund pre-construction expenditure will grow. This further facility will be important to ensure the business can adequately progress schemes.