7 Nov 2018 07:00
7 November 2018
Announcement of consultation commencement regarding a possible amalgamation within WM Housing Group
The Optima Community Association Limited Board and the WM Housing Group coterminous Board (comprising WM Housing Group Limited [parent entity], Whitefriars Housing Group Limited, West Mercia Homes Limited and Family Housing Association (Birmingham) Limited) both resolved to commence a consultation process regarding the possible amalgamation of the 5 Registered Provider entities.
Consultation with residents and stakeholders will take place over the coming weeks with no eventual recommendation to both the Optima Board and Coterminous Board being made until at least February 2019.
This announcement contains inside information and has been made by Stuart Kellas, Group Chief Financial Officer, on behalf of WM Treasury plc and WM Treasury 2 plc.
For further information please contact:
WM Housing Group
Stuart Kellas
4040 Lakeside
Solihull Parkway
Birmingham Business Park
B37 7YN
Telephone: +44 (0)121 329 0314
Email: stuart.kellas@wmhousing.co.uk
Cit Treasury 48 (93GA)