Invescare Ltd acquired 34% stake in Partnering Health Limited and 51% stake in Infracare LIFT Holdings Limited from Ashley House plc (AIM:ASH) for £0.85 million on May 7, 2020. Under the terms of transaction, Invescare will pay £0.6 million for Partnering Health and £0.3 million for Infracare LIFT holding as consideration. Consideration is being satisfied by a reduction in the Loan which following completion of the Transaction will stand at £0.32 million. As part of the Transaction, Invescare has, subject to certain conditions, agreed not to call for repayment of the Loan and will defer capital payments until 31 December 2020 and interest payments until 30 June 2020.Ashley House plc continues to seek the further funding required both to meet its ongoing working capital commitments and to support its affordable housing strategy and is endeavouring to bring this to a conclusion. Invescare Ltd completed the acquisition of 34% stake in Partnering Health Limited and 51% stake in Infracare LIFT Holdings Limited from Ashley House plc (AIM:ASH) on May 7, 2020.