Radian Capital PLC

8 September 2023

Silva to join Abri as a subsidiary

Radian Capital Plc (the Issuer)

£100,000,000 6 per cent. Secured Bonds due 2042, £100,000,000 4.622 per cent. Secured Bonds due 2044 and £200,000,000 5.029 per cent. Secured Bonds due 2049 (the Bonds)

The boards of Abri Group Limited (Abri) and Silva Housing Limited (Silva) have approved proposals for Silva to become a wholly owned subsidiary of Abri. 

The target date for formal completion is early October, subject to lender consents. 

Discussions about a potential partnership were first announced in March this year. 

For further information, please contact:

Vimal Gaglani

Radian Capital PLC

Collins House

Bishopstoke Road

Eastleigh

Hampshire

SO50 6AD

Email: [email protected]