31 January 2024
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 1.03 pence per Ordinary Share to
be paid in the financial year to 30 September 2024.
The full 1.03 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 8
March 2024 to
Shareholders on the register as at 9 February 2024. The ex-dividend
date is 8 February 2024.
ReSI intends to pay dividends to
Shareholders on a quarterly basis and in accordance with the REIT
regime.
For
further information, please contact:
|
Gresham House Real Estate
Ben Fry
Sandeep Patel
|
+44 (0) 20 7382 0900
|
|
Peel Hunt LLP
Luke Simpson
Huw Jeremy
|
+44 (0) 20 7418 8900
|
|
KL Communications
Charles Gorman
Charlotte Francis
|
gh@kl-communications.com
+44 (0) 20 3995 6673
|
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 December 2023 ReSI plc's
portfolio comprises 3,293 properties, with an (unaudited) IFRS fair
value of £343 mn1.
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 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,
and further information on Gresham House is available
at www.greshamhouse.com
1. Excluding the finance lease gross
up