Director Declaration

RNS Number : 7798V
Triple Point Social Housing REIT
15 December 2021
 

 

15 December 2021

Triple Point Social Housing REIT plc

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

DIRECTOR DECLARATION

The Board of Triple Point Social Housing REIT plc (ticker: SOHO) announces that, pursuant to Listing Rule 9.6.14, Ian Reeves CBE, the Senior Independent Director of the Company, has been appointed as a non-executive Director of Geiger Counter Limited with effect from 13 December 2021.  

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 Triple Point Investment Management LLP

 (Investment Manager)

Tel: 020 7201 8989

 Max Shenkman

 

 Freddie Cowper-Coles

 

 Isobel Gunn-Brown

 

 

 

 Akur Capital (Joint Financial Adviser)

Tel: 020 7493 3631

 Tom Frost

 

 Anthony Richardson

 

 Siobhan Sergeant

 

 

 

 Stifel (Joint Financial Adviser and Corporate  Broker)

Tel: 020 7710 7600

 Mark Young

 

 Mark Bloomfield

 

 Rajpal Padam

 

 

The Company's LEI is 213800BERVBS2HFTBC58.

 

Further information on the Company can be found on its website at www.triplepointreit.com .

 

NOTES:

The Company invests in primarily newly developed social housing assets in the UK, with a particular focus on supported housing. The assets within the portfolio are subject to inflation-adjusted, long-term (typically from 20 years to 30 years), Fully Repairing and Insuring ("FRI") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to an FRI lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

 

There is increasing political and financial pressure on Housing Associations to increase their housing delivery and this is creating opportunities for private sector investors to participate in the market. The Group's ability to provide forward financing for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents as well as delivering returns to investors.

 

The Company was admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 8 August 2017 and was admitted to the premium segment of the Official List of the Financial Conduct Authority and migrated to trading on the premium segment of the Main Market on 27 March 2018. The Company operates as a UK Real Estate Investment Trust ("REIT") and is a constituent of the FTSE EPRA/NAREIT index.

 

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
 
 
RDNTABITMTMBBAB
UK 100