Share Name Share Symbol Market Type Share ISIN Share Description
Residential Secure Income Plc LSE:RESI London Ordinary Share GB00BYSX1508 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.60 -1.63% 96.40 96.20 98.00 99.40 96.40 99.40 49,749 09:13:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 21.6 13.2 7.7 12.5 174

Residential Secure Income PLC Notice of Results

11/11/2019 9:47am

UK Regulatory (RNS & others)


Residential Secure Income (LSE:RESI)
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6 Months : From Aug 2019 to Feb 2020

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TIDMRESI

RNS Number : 9577S

Residential Secure Income PLC

11 November 2019

11 November 2019

Residential Secure Income plc

Notice of Full Year Results

Residential Secure Income plc will announce its results for the year ended 30 September 2019 on Thursday 21 November 2019.

There will be a presentation for analysts and investors at 12:30pm on the day of the results. Please contact FTI Consulting for further details or to register interest.

-ENDS-

 
  FTI Consulting          +44 (0) 20 3727 1000 
   Richard Sunderland      Email: resi@fticonsulting.com 
   Claire Turvey 
   Richard Gotla 
 

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 committed c. GBP300 million, assembling a portfolio of 2,677 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.

ReSI is managed by ReSI Capital Management Limited, a wholly-owned subsidiary of TradeRisks Limited which has an 18 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.

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.

Further information on ReSI is available at www.resi-reit.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 11, 2019 04:47 ET (09:47 GMT)

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