Announcement of Merger Decision

Summary by AI ^BETAClose X

Thrive Homes Finance Plc has announced that Thrive Homes and Watford Community Housing Trust will merge on June 1, 2026, to form a new Community Gateway housing association. This merger is expected to strengthen the ability to deliver enhanced services with residents at the forefront of decision-making. The company's £200,000,000 4.68 per cent. Secured Bonds due 2051 remain unaffected by this announcement.

Disclaimer*

Thrive Homes Finance PLC

24 March 2026

Announcement of merger decision between Thrive Homes Limited and Watford Community Housing Trust

Thrive Homes Finance Plc

£200,000,000 4.68 per cent. Secured Bonds due 2051

24^th March 2026

Thrive Homes and Watford Community Housing have announced they to merger on 1 June 2026, creating a new Community Gateway housing association - with the strength to deliver enhanced services with residents at the heart of decision-making.

The full statement is available on Thrive Homes Limited's website; www.thrivehomes.org.uk/news/press-releases/announcement-of-merger-decision/

For further information, please contact:

Barry Wears

Thrive Homes Finance Plc

Westside

London Road

Hemel Hempstead

HP3 9TD

Telephone: +448009176077

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END