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Company Announcements

Notice of Full Year 2020 Results

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By LSE RNS

RNS Number : 5433G
Residential Secure Income PLC
26 November 2020
 

26 November 2020

 

Residential Secure Income plc

("ReSI" or the "Company")

 

Notice of Results for the Year to 30 September 2020

 

Residential Secure Income plc (LSE: RESI), which invests in affordable shared ownership, retirement and local authority housing, is pleased to confirm that it will announce its annual financial results for the year ending 30 September 2020, on Wednesday 2 December 2020 at 7:00am (GMT).

 

The management team will host a live webinar and question and answer session for investors and analysts at 11:00am (GMT) on Wednesday 2 December 2020.

 

The webinar will be broadcast on the Zoom platform; we therefore encourage investors and analysts to pre-register in advance for dedicated access on the day, via computer audio or phone line.

 

The link to pre-register for the webinar can be found here.

 

The full year results announcement, Annual Report and the accompanying presentation will be made available on the ReSI website, on the day: https://www.resi-reit.com/company-documents

 

A replay will be available after the meeting.

 

- ENDS -

 

 

For further information, please contact:

 

ReSI Capital Management Limited / Gresham House Housing

Ben Fry

Alex Pilato

 

+44 (0) 20 7382 0900

 

 

 

Jefferies International Limited

Stuart Klein

Tom Yeadon

 

 

+44 (0) 20 7029 8000

KL Communications

Charles Gorman

Camilla Esmund

Alex Hogan

gh@kl-communications.com

+44 (0) 20 3995 6673

 

 

 

About Residential Secure Income plc

 

Residential Secure Income plc (LSE: RESI) is a real estate investment trust (REIT) listed on the premium segment of the Main Market of the London Stock Exchange with the objective of delivering secure inflation linked returns by investing in affordable shared ownership, retirement and Local Authority housing throughout the UK.

 

ReSI targets a secure, long-dated, inflation-linked dividend of 5.0 pence per share p.a. (paid quarterly) and a total return in excess of 8.0% p.a. and has to date deployed £306 million, assembling a portfolio of 2,708 properties.

 

ReSI aims to make a meaningful contribution to alleviating the UK housing shortage by meeting demand from housing developers (housing associations, local authorities and private developers) for long-term investment partners to accelerate the development of socially and economically beneficial new affordable housing. ReSI's subsidiary, ReSI Housing Limited, is registered as a for-profit Registered Provider of Social Housing, and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant.

 

Acquisitions by ReSI are limited to homes with sufficient cashflows, counterparty credit quality and property security to be capable of supporting long‑term investment grade equivalent debt. ReSI does not manage or operate stock and uses experienced and credit-worthy third-party managers. 

 

ReSI is managed by ReSI Capital Management Limited, a wholly owned subsidiary of TradeRisks Limited which has a 19-year track record of executing transactions within the UK social housing sector and, to date, has arranged funding of over £11 billion in the social housing, care and other specialist residential property sectors.

 

TradeRisks Limited and ReSI Capital Management Limited were acquired on 4 March 2020 by Gresham House plc.

 

 

About Gresham House plc

 

Gresham House is a specialist alternative asset management group, dedicated to sustainable investments across a range of strategies, with expertise across forestry, housing, infrastructure, renewable energy and battery storage, public and private equity.

 

Our origins stretch back to 1857, while our focus is on the future and the long term. Quoted on the London Stock Exchange (GHE:LN) we actively manage c.£3.3bn of assets on behalf of institutions, family offices, charities and endowments, private individuals and their advisers. We act responsibly within a culture of empowerment that encourages individual flair and entrepreneurial thinking.

 

As a signatory to the UN-supported Principles for Responsible Investment (PRI), our vision is to always make a positive social or environmental impact, while delivering on our commitments to shareholders, employees and investors.

 

Further information on ReSI is available at www.resi-reit.com, and further information on Gresham House is available at www.greshamhouse.com

 

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