Response to Regulator's Sustainability Report

RNS Number : 1776V

Civitas Social Housing PLC

04 April 2019

 

For immediate release                                                                                                                 4 April 2019

Civitas Social Housing PLC

('Civitas' or the 'Company')

Response to Regulator's Sustainability Report

Civitas, the leading social housing REIT, notes the report issued today by the Regulator of Social Housing, 'Lease-based providers of specialised supported housing'.

This report is an addendum to the Regulator's 'Sector Risk profile' report published in October 2018 and contains no new information or opinion of material relevance to Civitas and its leases.

Civitas continues to be fully supportive of, and in regular and positive dialogue with, the Regulator and welcomes the Regulator's acknowledgement of the importance of the growing supported social housing sector. Civitas also continues to work closely with all the Housing Associations with whom it has lease agreements to assist them in improving and maintaining operational performance and is implementing a number of initiatives to this end.

The priority remains, as always, the stable provision of high quality and specialist housing which enables vulnerable adults to live as independently as possible within their communities.

The Board's performance expectations remain unchanged.

Ends

For further information, please contact:

Civitas Housing Advisors Limited

Paul Bridge                                                                        Tel: [phone]

Andrew Dawber                                                               Tel: [phone]

Cenkos Securities PLC

Sapna Shah                                                                       Tel: [phone]

Tom Scrivens                                                                    Tel: [phone]

Buchanan

Helen Tarbet / Henry Harrison-Topham                      Tel: [phone]

Henry Wilson / Hannah Ratcliff                                    [e-mail]

Notes to Editors:

Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales.  The Company is advised by Civitas Housing Advisors Limited, who are authorised and regulated by the Financial Conduct Authority under Firms Reference Number 815699. The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.  The company is a constituent of the FTSE 250 index.

 

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