Residential Secure Income PLC Virtual AGM - joining instructions (1414L)
January 08 2021 - 11:00AM
UK Regulatory
TIDMRESI
RNS Number : 1414L
Residential Secure Income PLC
08 January 2021
8 January 2021
Residential Secure Income plc
Virtual AGM - joining instructions
As described in the FY20 annual report and in accordance with
current government instructions regarding Covid-19 and the
restrictions on social contact, public gatherings and non-essential
travel, this year's Annual General Meeting ("AGM") for Residential
Secure Income plc will be held via videoconference. Shareholders
will be able to attend the meeting virtually using the details
provided below, you should not attempt to physically attend the
AGM.
We recommend Shareholders attend the meeting by registering for
the video conference using this URL: registration
Should a shareholder have a question that they would like to
raise at the AGM, either of the Board or the Fund Manager, the
Board would ask that they either ask the question in advance of the
AGM by sending an email to resiplc@greshamhouse.com by the 13 of
January 2021 or by attending the AGM virtually and asking the
question at the meeting using the 'Q&A' function.
Voting
Shareholders are requested to vote by proxy. Given the
restrictions on attendance, shareholders are encouraged to appoint
the "Chairman of the Meeting" as their proxy rather than another
person who will not be permitted to attend the meeting. Details of
how to vote, either electronically, by proxy form or through CREST,
can be found in the Notes to the Notice of AGM contained in the
Annual Report.
The outcome of the resolutions will as usual be determined by
shareholder vote based on the proxy votes received. All valid proxy
appointments (whether submitted electronically or in hard copy
form) will be included. The results of the AGM will be announced to
the London Stock Exchange and placed on the Company's website, as
soon as practicable after the conclusion of the AGM.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ReSI Capital Management Limited / Gresham
House Housing
Ben Fry
Alex Pilato
James Sly +44 (0) 20 7382 0900
NOTES:
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% per annum. Including recent committed acquisitions,
ReSI's portfolio comprises 2,802 properties, with an (unaudited)
IFRS fair value of GBP322m.
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, whose
immediate parent company, TradeRisks Limited, has been active
within the social housing sector for over 19 years as a funding
arranger and advisor and, over the last three years, as an investor
through ReSI.
ReSI Capital Management and its parent, TradeRisks, were
acquired by Gresham House in March 2020, further increasing the
investment expertise available to ReSI. The housing investment team
at Gresham House has 15 members and growing, with an average of 20
years' relevant experience, covering fund management, housing
investment, social housing management and financial and risk
expertise.
Gresham House plc 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.
Further information on ReSI is available at
www.resi-reit.com
Further information on Gresham House is available at
www.greshamhouse.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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCDKFBQABKDNDK
(END) Dow Jones Newswires
January 08, 2021 12:00 ET (17:00 GMT)
Residential Secure Income (LSE:RESI)
Historical Stock Chart
From Apr 2024 to May 2024
Residential Secure Income (LSE:RESI)
Historical Stock Chart
From May 2023 to May 2024