TIDMRESI
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 gh@kl-communications.com
Charles Gorman +44 (0) 20 3995 6673
Camilla Esmund
Alex Hogan
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 GBP306 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 GBP11 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.GBP3.3bn 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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END
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