REG - Residential Secure - Dividend Declaration

Residential Secure IncomeAnnouncement

07/06/2023 08:15

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RNS Number : 9329B  Residential Secure Income PLC  07 June 2023

7 June 2023

Residential Secure Income plc

Dividend Declaration

 

Residential Secure Income plc (LSE: RESI), which invests in independent
retirement living and shared ownership to deliver secure, inflation-linked
returns, is pleased to declare an interim dividend of 1.29 pence per Ordinary
Share to be paid in the financial year to 30 September 2023.

 

The full 1.29 pence of the dividend will be paid as a Property Income
Distribution ("PID") in respect of the Company's tax-exempt property rental
business.

 

This dividend will be paid on 14 July 2023 to Shareholders on the register as
at 16 June 2023. The ex-dividend date is 15 June 2023.

 

ReSI intends to pay dividends to Shareholders on a quarterly basis and in
accordance with the REIT regime.

 

For further information, please contact:

 

 ReSI Capital Management Limited / Gresham House Real Estate

 Ben Fry                                                      +44 (0) 20 7382 0900

 Sandeep Patel

 Peel Hunt LLP

 Luke Simpson                                                 +44 (0) 20 7418 8900

 Huw Jeremy

 KL Communications                                            gh@kl-communications.com (mailto:gh@kl-communications.com)

 Charles Gorman                                               +44 (0) 20 3995 6673

 Charlotte Francis

 Millie Steyn

 

About ReSI plc

Residential Secure Income plc ("ReSI plc" LSE: RESI) is a real estate
investment trust (REIT) focused on delivering secure, inflation-linked returns
with a focus on two resident sub-sectors in UK residential - independent
retirement rentals and shared ownership - underpinned by an ageing demographic
and untapped and strong demand for affordable home ownership.

 

As at 31 March 2023, including committed acquisitions, ReSI plc's portfolio
comprises 3,298 properties, with an (unaudited) IFRS fair value of £355mn i 
(#_edn1) .

 

ReSI plc's purpose is to deliver affordable, high-quality, safe homes with
great customer service and long-term stability of tenure for residents. We
achieve this through 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 affordable housing.

 

ReSI plc'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.

 

About Gresham House and Gresham House Real Estate

 

Gresham House is a London Stock Exchange quoted specialist alternative asset
manager committed to operating responsibly and sustainably, taking the long
view in delivering sustainable investment solutions.

 

Gresham House Real Estate has an unparalleled track record in the affordable
housing sector over 20 years.

 

Gresham House Real Estate offers long term equity investments into UK housing,
through listed and unlisted housing investment vehicles, each focused on
addressing different areas of the affordable housing problem. Each fund aims
to deliver stable and secure inflation-linked returns whilst providing social
and environmental benefits to its residents, the local community, and the
wider economy.

 

Further information on ReSI plc is available at www.resi-reit.com
(http://www.resi-reit.com) , and further information on Gresham House is
available at www.greshamhouse.com (http://www.greshamhouse.com)

 

 i  (#_ednref1) Excluding the finance lease gross up.

 

 

 

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