RNS Number: 7413L

Myriad Capital plc

16 December 2025

Myriad Capital plc

(the "Issuer")

Myriad Capital plc

£250,000,000 4.75 per cent. Secured Bonds due 2043

ISIN: XS1005023301

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA (OR TO U.S. PERSONS), AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

Notification of Partnership Discussions - UPDATE

The Boards of Chelmer Housing Partnership Limited (CHP) and Estuary Housing Association (Estuary) have approved plans to form a new housing association, called Delta Housing Limited (Delta). The Boards decided to go ahead with the merger after considering a detailed business case, which included the findings of due diligence and feedback from a seven-week consultation with customers of both organisations. 

Ian Green OBE, Estuary's current Chair, has been appointed as Designate Chair of the Board and Paul Edwards, CHP's current Chief Executive, has been appointed as Designate Chief Executive for Delta.

Delta's Designate Executive Team and Board is drawn from both CHP and Estuary's existing executive teams and boards. This includes Neil Perrins, Designate Chief Finance Officer (currently CHP's Chief Financial Officer), Michael Hadjimichael, Designate Chief People and Resources Officer (currently Estuary's Chief Finance Officer), and Rachel Hadley, Designate Chief Operating Officer (currently, CHP's Deputy Chief Executive and People and Culture Director).

The merger will be completed via a Transfer of Engagements of Estuary to CHP, and this is expected to be completed by 1 April 2026.

CHP is a community benefit society with registered number 8112.

Estuary is a community benefit society with registered number 23240R.

For further information, please contact:

Neil Perrins

Myriad Capital plc

33 Springfield Lyons Approach

Springfield

Chelmsford

CM2 5LB

Telephone: 01245 951380

Email: [email protected]