Zentra Group PLC (“the Company”) the UK-based residential developer, development manager and property manager, focused on the North of England, provides the following update.

Following the Company’s previous announcement on 2 October 2024 regarding the sale of a property portfolio valued at £7 million, the Company confirms that the longstop date for completing this transaction has been extended to 22 November 2024. This portfolio comprises residential properties at Bank Street, Sheffield; Lincoln House, Bolton; Oscar House, Manchester; and a commercial unit at St Petersgate, Stockport.

Additionally, the completion of the £3 million acquisition of shares in the company that owns the One Victoria project has also been extended to 22 November 2024.

This extension aligns with the Company’s planned admission to the AQSE Growth Market on 22 November 2024, as announced on 8 November 2024. Extending the completion date provides flexibility for finalising both the property sale and the Company’s transition to AQSE.