NOTICE BOARD & USEFUL INFORMATION

20th March 2024

MERGER WITH PLACES FOR PEOPLE COMPLETE

 SDR completed its merger with the Places for People Group * on 20 March, 2024, after receiving regulator approval. 

The merger, which will open up opportunities for greater investment in affordable homes in South Devon, was initially given approval by SDR shareholders in early February. There followed a slight delay whilst compliance was confirmed by the Financial Conduct Authority (FCA).
With that approval confirmed, SDR is now officially a subsidiary of Places for People and both partners can start working towards full integration later this year.