One Heritage Group Plc (GB:OHG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
One Heritage Group PLC (OHG), a UK-based residential developer, has addressed speculation involving a separate company tied to its majority shareholder, emphasizing that OHG’s operations are not impacted. The allegations concern two directors of the majority shareholder and are specific to activities in China, but OHG remains independent and maintains its usual business conduct. The company reassures stakeholders and investors that its £14 million shareholder facility is secure and its repayment is not due until December 2028.
For further insights into GB:OHG stock, check out TipRanks’ Stock Analysis page.