Director Declarations

PRS REIT PLC (The)

20 September 2024

 

PRSR.L

The PRS REIT plc

("the PRS REIT" or "the Company")

Director Declarations

Further to the PRS REIT's announcement on 13 September 2024, the below information is disclosed in connection with the appointments of Robert Naylor and Christopher Mills as non-executive directors of the Company, pursuant to the UK Listing Rules. Robert Naylor and Christopher Mills will be appointed to the Board after the announcement of full year results on or around 8 October 2024 and proposed for election at the Company's forthcoming AGM.

The following information is disclosed in accordance with UK Listing Rule 6.4.8 in connection with the appointment of Robert Naylor to the Board of the Company:

Current Directorships*	Previous Directorships in the past five years*
·      Intuitive Investments Group Plc ·      NIOX Group Plc	·      Round Hill Music Royalty Fund Limited ·      Light Science Technologies Holdings plc ·      Hipgnosis Songs Fund Limited

The following information is disclosed in accordance with UK Listing Rule 6.4.8 in connection with the appointment of Christopher Mills to the Board of the Company:

Current Directorships*	Previous Directorships in the past five years*
·      Assetco plc ·      Bigblu Broadband plc ·      Catalyst Media Group plc ·      EKF Diagnostics Holdings plc ·      Frenkel Topping Group plc ·      MJ Gleeson Plc ·      North Atlantic Smaller Companies Investment Trust plc ·      Oryx International Growth Fund Limited ·      Renalytix plc	·      Augean plc ·      Curtis Banks Group Limited ·      Gabelli Value Plus+ Trust plc ·      Goals Soccer Centres plc ·      Sunlink Health Systems Inc ·      Ten Entertainment Group plc ·      Trellus Health plc ·      Sureserve Group plc ·      Hipgnosis Songs Fund Limited

There are no further details required to be disclosed pursuant to UK Listing Rule 6.4.8.

*Other publicly quoted companies only.

For further information, please contact:

The PRS REIT plc Steve Smith, Independent Non-Executive Chair Geeta Nanda, Senior Independent Non-Executive Director Rod MacRae, Independent Non-Executive Director Karima Fahmy, Independent Non-Executive Director Steffan Francis, Independent Non-Executive Director	Tel: [phone] (c/o KTZ Communications)
Singer Capital Markets James Maxwell Asha Chotai	Tel: [phone]
Jefferies International Limited Gaudi Le Roux Tom Yeadon	Tel: [phone]
Rothschild & Co Alex Midgen Peter Everest Alice Squires	Tel: [phone]
G10 Capital Limited (AIFM and part of IQ-EQ group) Maria Baldwin	Tel: [phone]
KTZ Communications Katie Tzouliadis Robert Morton	Tel: [phone]

NOTES TO EDITORS

About The PRS REIT plc www.theprsreit.com

The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021. The UK Government's Homes England has supported the Company with direct investments. 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 London Stock Exchange's Main Market. With over 5,300 new rental homes, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK.

LEI: 21380037Q91HU97WZX58

About Sigma Capital Group Limited (formerly Sigma Capital Group plc) www.sigmacapital.co.uk

Sigma Capital Group Limited ("Sigma") is a build-to-rent ("BTR") regeneration specialist, with offices in Edinburgh, Manchester and London. The Company's principal focus is on the delivery of large-scale housing schemes for the private rented sector and Sigma is the UK's leading provider of BTR homes for the single family sector. The Company also has extensive experience in the delivery of multi-family apartment schemes and a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.

Sigma has created an unrivalled property delivery and management platform, which has delivered or is in the process of delivering over 12,00 homes across the UK to date. The Company has a significant pipeline of development opportunities, which currently stands at over £3 billion in gross development cost.  Sigma manages the letting of completed homes through its property platform, which includes its award-winning rental brand 'Simple Life'. The Company's subsidiary, Sigma PRS Management Ltd, is Investment Adviser to The PRS REIT plc.

About Sigma PRS Management Ltd

Sigma PRS Management Ltd is a wholly-owned subsidiary of Sigma Capital Group Limited and is Investment Adviser to The PRS REIT plc. It sources investments and operationally manages the assets of The PRS REIT plc and advises the Alternative Investment Fund Manager ("AIFM") and The PRS REIT plc on a day-to-day basis in accordance with The PRS REIT plc's Investment Policy. The AIFM is G10 Capital Limited. Sigma PRS Management Ltd is an appointed representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:648953).

 

END