REG - Social Housing Reit - Dividend Guidance, Declaration & New Debt Facility

Social Housing REITAnnouncement

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RNS Number : 3315G  Social Housing Reit PLC  01 June 2026

1 June 2026

Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

 

2026 DIVIDEND GUIDANCE, DIVIDEND DECLARATION AND NEW DEBT FACILITY

 

The Board of Social Housing REIT plc (LON: SOHO), is pleased
to announce the Company is targeting an aggregate dividend of 5.79 pence
per Ordinary Share in respect of the financial year ending 31 December
2026(1).

This represents a 3.0% increase on the 5.622 pence per Ordinary
Share paid in respect of the financial year ended 31 December
2025 and reflects the Company's strategy of returning to a long-term
progressive dividend policy.

Dividend Declaration

The Board has declared an interim dividend in respect of the period from 1
January to 31 March 2026 of 1.4475 pence per Ordinary Share, payable on or
around 7 August 2026 to holders of Ordinary Shares on the register on 10
July 2026. The ex-dividend date will be 9 July 2026.

The dividend will be paid as a Property Income Distribution.

New Debt Facility

The Group has successfully secured a floating rate £30 million debt facility
with Barclays Bank plc which comprises:

·      A £25 million revolving credit facility with a maturity of three
years, with two one-year extension options at the lender's discretion and is
priced at a margin of 1.75% above SONIA; and

·      A £5 million fixed term loan with a maturity of 12 months priced
at 1.80% above SONIA.

Investment Manager Changes

Adrian D'Enrico, Managing Director at Atrato Partners Limited ("Atrato"), the
Company's Investment Manager, is leaving the business. The Board thanks Adrian
for his contribution and wishes him well for the future.

The Company continues to benefit from the support of Atrato's experienced
management team, led by Michael Carey and Natalie Markham, and there is no
change to the Company's investment management arrangements.

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 Social Housing REIT plc
 Jos Short                                                  Via Lauder Teacher Associates

 Atrato Partners Limited                                    ir@atratopartners.com (mailto:ir@atratopartners.com)
 Michael Carey
 Natalie Markham
 Eddie Gilbourne

 Deutsche Numis (Corporate Broker & Financial Adviser)      Tel: +44 (0) 207 545 8000
 Hugh Jonathan

 Amit Wangoo

 Lauder Teacher (Financial PR Adviser)                      sohoreit@lauderteacher.com
 Colm Lauder                                                Tel: +44 (0) 7787 444 960
 Andrew Teacher
 Shirin Iqbal

 

The Company's LEI is 213800BERVBS2HFTBC58.

 Further information on the Company can be found on its website
at www.socialhousingreit.com (http://www.socialhousingreit.com) .

 (1) The target dividend is a target only and not a forecast. There can be
no assurance that the target will be met and it should not be taken as an
indication of the Company's expected or actual future results.

 

NOTES:

The Company primarily invests in residential properties providing social
housing in the UK, with a particular focus on specialised supported housing
("SSH"). SSH provides homes for vulnerable adults requiring support to live
independently, including those with learning difficulties, mental health
problems and physical disabilities. These homes are specially designed or
adapted to meet residents' needs and are managed by Approved Providers who are
predominantly regulated by the Regulator of Social Housing. Approved Providers
consist of Housing Associations and Local Authorities, or other regulated
organisations in receipt of direct rental payments from local Government.

These operational residential properties deliver sustainable, long-term,
growing income for shareholders, improved outcomes for residents and savings
to the taxpayer.

The Company is listed on the Closed-ended investment funds category of the
FCA's Official List and its Ordinary Shares are traded on the LSE's Main
Market.

Atrato Partners Limited is the Company's Investment Manager.

 

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