DJ Zentra Group plc: One Victoria - Replacement Contractor Letter of Intent
Zentra Group plc (ZNT)
Zentra Group plc: One Victoria - Replacement Contractor Letter of Intent
30-Jul-2026 / 16:05 GMT/BST
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30 July 2026
ZENTRA GROUP PLC
("Zentra" or the "Company")
One Victoria - Replacement Contractor Letter of Intent
Zentra Group plc (AQSE: ZNT), the Manchester-based residential developer, development manager and property manager
focused on the North of England, provides the following update in relation to One Victoria, Manchester.
Further to the Company's announcement earlier today, Zentra Great Ducie Street Limited (the "Developer") has entered
into a letter of intent ("LOI") with AC1 Construction Limited ("AC1") in connection with the completion of the
remaining works at One Victoria.
The LOI enables AC1 to take possession of the development site, undertake principal contractor duties and commence
agreed initial works while the parties finalise the terms of a replacement building contract.
The Developer is working with AC1, the secured development finance provider and the wider professional team to finalise
the remaining scope of works, cost plan and construction programme.
Subject to the finalisation of the replacement building contract and revised construction programme, the Company
continues to expect practical completion during the fourth quarter of 2026.
The Company will provide further updates as appropriate.
Contacts
Zentra Group plc
Jason Upton Nick Courtney
Chief Executive Officer Finance Director
Email: jason.upton@zentragroup.co.uk Email: nick.courtney@zentragroup.co.uk
Guild Financial Advisory Limited (AQSE Corporate Adviser)
Ross Andrews Tomas Klaassen
Email: ross.andrews@guildfin.co.uk Email: tomas.klaassen@guildfin.co.uk
Tel: +44 (0)7973 839767
About Zentra Group plc
Zentra Group is a property development and management company focused on the residential sector, primarily in the North of England. The Company seeks to unlock value and deliver strong returns for its investors. Zentra is listed on the ARAM segment of the Aquis Stock Exchange under the ticker ZNT.
For further information, please visit the Company's website at www.zentragroup.co.uk
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View original content: EQS News
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ISIN: GB00BLF79495 Category Code: UPD TIDM: ZNT LEI Code: 2138008ZZUCCE4UZHY23 Sequence No.: 438106 EQS News ID: 2374850 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
July 30, 2026 11:05 ET (15:05 GMT)
