TIDMRESI
RNS Number : 5061F
Residential Secure Income PLC
09 March 2020
9 March 2020
Residential Secure Income plc
Notification and public disclosure of transactions by persons
discharging managerial responsibility and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Alejandro Pilato
2 Reason for the notification
a) Position/status Director of AIFM
b) Initial notification
* Initial notification/ Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Residential Secure Income plc
b) LEI 213800D24WA531LAR763
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of Ordinary Shares of GBP0.01
the financial
instrument, type
of instrument GB00BYSX1508
Identification
code
b) Nature of the The purchase of Ordinary Shares in the issuer
transaction previously issued to ReSI Capital Management
Ltd in lieu of fees for providing investment
management services to Residential Secure Income
plc. The transaction follows the purchase of
ReSI Capital Management Ltd's parent, TradeRisks
Ltd, by Gresham House plc on 5 March 2020.
c) Price(s) and volume(s) Price(s) Volume(s)
94.6 pence per share 566,025
d) Aggregated information Price(s) Volume(s)
- Aggregated volume
- Price 94.6 pence per share 566,025
e) Date of the transaction 5 March 2020
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibility and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Antoine Pesenti
2 Reason for the notification
a) Position/status Director of AIFM
b) Initial notification
* Initial notification/ Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Residential Secure Income plc
b) LEI 213800D24WA531LAR763
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of Ordinary Shares of GBP0.01
the financial
instrument, type
of instrument GB00BYSX1508
Identification
code
b) Nature of the The purchase of Ordinary Shares in the issuer
transaction previously issued to ReSI Capital Management
Ltd in lieu of fees for providing investment
management services to Residential Secure Income
plc. The transaction follows the purchase of
ReSI Capital Management Ltd's parent, TradeRisks
Ltd, by Gresham House plc on 5 March 2020.
c) Price(s) and volume(s) Price(s) Volume(s)
94.6 pence per share 120,751
d) Aggregated information Price(s) Volume(s)
- Aggregated volume
- Price 94.6 pence per share 120,751
e) Date of the transaction 5 March 2020
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibility and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Jonathan Slater/Olga Slater
2 Reason for the notification
a) Position/status Director of AIFM
b) Initial notification
* Initial notification/ Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Residential Secure Income plc
b) LEI 213800D24WA531LAR763
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of Ordinary Shares of GBP0.01
the financial
instrument, type
of instrument GB00BYSX1508
Identification
code
b) Nature of the The purchase of Ordinary Shares in the issuer
transaction previously issued to ReSI Capital Management
Ltd in lieu of fees for providing investment
management services to Residential Secure Income
plc. The transaction follows the purchase of
ReSI Capital Management Ltd's parent, TradeRisks
Ltd, by Gresham House plc on 5 March 2020.
c) Price(s) and volume(s) Price(s) Volume(s)
94.6 pence per share 113,205
d) Aggregated information Price(s) Volume(s)
- Aggregated volume
- Price 94.6 pence per share 113,205
e) Date of the transaction 5 March 2020
f) Place of the transaction Outside a trading venue
Notification and public disclosure of transactions by persons
discharging managerial responsibility and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Benjamin Fry
2 Reason for the notification
a) Position/status Director of AIFM
b) Initial notification
* Initial notification/ Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Residential Secure Income plc
b) LEI 213800D24WA531LAR763
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of Ordinary Shares of GBP0.01
the financial
instrument, type
of instrument GB00BYSX1508
Identification
code
b) Nature of the The purchase of Ordinary Shares in the issuer
transaction previously issued to ReSI Capital Management
Ltd in lieu of fees for providing investment
management services to Residential Secure Income
plc. The transaction follows the purchase of
ReSI Capital Management Ltd's parent, TradeRisks
Ltd, by Gresham House plc on 5 March 2020.
c) Price(s) and volume(s) Price(s) Volume(s)
94.6 pence per share 25,157
d) Aggregated information Price(s) Volume(s)
- Aggregated volume
- Price 94.6 pence per share 25,157
e) Date of the transaction 5 March 2020
f) Place of the transaction Outside a trading venue
-End-
FOR FURTHER INFORMATION, PLEASE CONTACT:
ReSI Capital Management Limited / TradeRisks
Limited
Ben Fry
Alex Pilato
Mark Rogers
James Sly +44 (0) 20 7382 0900
KPMG Corporate Finance
Raj Mehta
Sam Friel +44 (0) 20 7311 1000
Jefferies International Limited
Stuart Klein
Gary Gould +44 (0) 20 7029 8000
--------------------------------
FTI Consulting
Richard Sunderland +44 (0) 20 3727 1000
Claire Turvey Email: resi@fticonsulting.com
Richard Gotla
--------------------------------
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% p.a. and has to date committed c. GBP321 million,
assembling a portfolio of 2,680 properties.
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.
ReSI is managed by ReSI Capital Management Limited, a wholly
owned subsidiary of TradeRisks Limited which has a 19 year track
record of executing transactions within the UK social housing
sector and, to date, has arranged funding of over GBP11 billion in
the social housing, care and other specialist residential property
sectors.
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
creditworthy third party managers.
Further information on ReSI is available at
www.resi-reit.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.
END
DSHFLFLDVAIAIII
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