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Notting Hill and Genesis shareholders agree to merger

Shareholders at Notting Hill Housing and Genesis Housing Association have voted in favour of a 64,000-home merger between the two organisations.

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L-R: Linde Carr, Elizabeth Froude, Neil Hadden, Kate Davies, Dipesh Shah
L-R: Linde Carr, Elizabeth Froude, Neil Hadden, Kate Davies, Dipesh Shah
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Amid resident protests, Genesis and Notting Hill shareholders approve merger #ukhousing

Notting Hill and Genesis one step closer to merger with shareholder approval #ukhousing

After a vote by 102 Notting Hill shareholders and 55 Genesis shareholders, the merger has been approved #ukhousing

At separate meetings of the two groups of shareholders last night, as tenants protested outside, two-third majorities were achieved and the decision was passed.

Both sets of shareholders – 102 at Notting Hill and 55 at Genesis – will meet again on 1 February to confirm the decision, but these meetings will require only simple majorities.

The groups are made up of residents, founders, current and former board members, and people with an interest in social housing.


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A spokesperson for Notting Hill said: “We are grateful to all shareholders for their time in considering and challenging our proposals and coming to a decision.

“We appreciate that for some, this has been a very difficult process at times and we are especially grateful for their support in those circumstances.”

A spokesperson for Genesis added: “We believe that the merged organisation will be able to raise customer service standards even higher, contribute better to tackling the housing crisis by delivering more affordable homes and have more influence with local, regional and national government.”

The merger was agreed in principle between the heads of the two organisations in July last year, with Kate Davies, chief executive designate of the future organisation, saying she was targeting £20m of efficiency savings and 400 extra homes a year.

It has been controversial among some tenants, and Robin Sharp, former chair of the association that became Genesis, wrote a letter to Dipesh Shah, current chair of Genesis, earlier this month outlining his objections.

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