Secure Income REIT PLC POSTING OF ANNUAL REPORT AND NOTICE OF AGM (2806J)

TIDMSIR

RNS Number : 2806J

Secure Income REIT PLC

08 April 2020

8 April 2020

Secure Income REIT Plc

(the "Company")

POSTING OF ANNUAL REPORT AND ACCOUNTS AND NOTICE OF ANNUAL GENERAL MEETING

Secure Income REIT Plc (AIM: SIR), the specialist long term income REIT, announces that the Company's Annual Report and Accounts, containing the results for the year ended 31 December 2019 that were announced on 12 March 2020 and the Notice of the Company's Annual General Meeting ("AGM"), has been posted to shareholders today and is available in the Investor Centre on the Company's website at www.SecureIncomeREIT.co.uk

The AGM of the Company is currently intended to be held at Cavendish House, 18 Cavendish Square, London W1G 0PJ at 9.30am on Thursday 21 May 2020. The Company is closely monitoring developments in relation to Covid-19. The current Government advice would restrict attendees at an AGM, but the guidance is subject to change from time to time. We will continue to monitor Government and Public Health England advice and we will notify shareholders should the arrangements for or timing of the meeting change.

It is important that shareholders can exercise their rights, whether or not they are able to attend the AGM for whatever reason. Therefore we strongly encourage shareholders to cast their votes by way of the appointment of a proxy in accordance with the guidance provided in the notice of meeting and the notes accompanying it, whether or not they are currently intending to attend the meeting in person.

For further information on the Company, please contact:

 
 Secure Income REIT Plc                                [phone] 
 Sandy Gumm                            [e-mail] 
 
 
 
 Stifel Nicolaus Europe Limited 
  (Nominated Adviser)                                  [phone] 
 Stewart Wallace                      [e-mail] 
 
 
 
 FTI Consulting 
  (PR Adviser)                                         [phone] 
  Dido Laurimore                     [e-mail] 
  Claire Turvey 
  Eve Kirmatzis 
 
 

About Secure Income REIT Plc :

Secure Income REIT specialises in generating long term, inflation protected, secure income from real estate investments. Its investment strategy is designed to satisfy investors' growing requirements for high quality, safe, inflation protected income flows.

At 31 December 2019, the Group's investment property portfolio was valued at GBP2.1 billion, producing GBP110.7 million per annum of rental income from long term leases with a weighted average unexpired term to expiry of 21.0 years with no breaks. All rental income is subject to fixed uplifts or RPI upwards only rent reviews with 59% of rental income subject to RPI-linked reviews and 41% having fixed uplifts.

The Group's portfolio comprises key operating assets let to strong businesses in defensive sectors with high barriers to entry. The upwards only RPI-linked rent reviews and fixed rental uplifts combine with fixed cost debt to drive healthy dividend growth, creating attractive and predictable returns.

The Company is advised by Prestbury Investment Partners Limited, owned by the team which advised Max Property Group Plc until August 2014, when all of the assets of Max Property Group Plc were sold to Blackstone Group. Prestbury is owned and run by a team of real estate and finance professionals including Nick Leslau, Mike Brown, Tim Evans, Ben Walford and Sandy Gumm.

The Company's Board is chaired by Martin Moore together with three further independent Directors: Leslie Ferrar, Jonathan Lane and Ian Marcus, as well as three members of the Prestbury Team: Nick Leslau, Mike Brown and Sandy Gumm.

The Company is a UK REIT which floated on the AIM market of the London Stock Exchange in June 2014.

The Company's LEI is 213800M1VI451RU17H40.

Further information on Secure Income REIT is available at www.SecureIncomeREIT.co.uk .

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April 08, 2020 12:47 ET (16:47 GMT)