57UT Grand Union 43

TIDM57UT

RNS Number : 9690W

Grand Union Group Fundings PLC

06 August 2018

PRESS RELEASE

Anna Simpson to leave Grand Union

Anna Simpson, Grand Union Housing Group's (GUHG) Director of Finance, is leaving the Group to take up a new role at Midland Heart.

Anna, who joined GUHG in March 2016, has been appointed Executive Director of Finance and Information at the Midlands based association and will join them later in the autumn.

Aileen Evans, GUHG's Chief Executive, said: "In just over two years, Anna has had a real impact at Grand Union. Her hard work and in-depth knowledge has helped us maintain our strong financial position and she has overseen the work for us to move towards becoming a single organisation. She has also helped create a strong Executive Team alongside myself and the Director of Operations, Phil Hardy. This is a wonderful opportunity for her and we wish her the best of luck in her new role."

GUHG will shortly be advertising for a new Director of Finance to succeed Anna.

Ends

For more information please contact:

Mark Sibson, Communications Manager

Grand Union Housing Group

Tel: 01525 844596

Email: pr@guhg.co.uk

www.guhg.co.uk

Notes to editors

Grand Union Housing Group

Grand Union Housing Group is a leading provider of affordable housing and related services in Bedfordshire, Northamptonshire and Buckinghamshire, owning and managing almost 12,000 properties. The Group is ideally placed to create and sustain neighbourhoods across Milton Keynes and the Oxford Cambridge arc growth area.

Grand Union Housing Group (GUHG) also helps people to enter the housing market through shared ownership and other home ownership initiatives. Currently developing over 300 new homes per year in partnership with developers and landowners, it is committed to raising standards of delivery. It is also a development partner of with the Homes and Communities Agency (HCA) on its Affordable Homes Programme.

The Group currently has five subsidiary organisations: Aragon Housing Association, which is one of the largest affordable housing providers in Bedfordshire and provides specialist accommodation and support to people with learning disabilities; Rockingham Forest Housing, which owns and manages stock across six local authority districts; East Northamptonshire, Wellingborough, Kettering, Daventry, Northampton and Corby; and South Northants Homes, which owns and manages over 3,000 affordable homes in the region. Grand Union Group Funding PLC was formed as a Group subsidiary to take responsibility of management for the Bond.

The Group's sales company, Grand Union Homes, provides home ownership options for those looking to get onto the property ladder.

GUHG and its subsidiaries are members of PlaceShapers, a national alliance of more than 100 community-focused housing associations. Together they own and manage more than 800,000 homes and provide services to more than two million people. Find out more at www.placeshapers.org

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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