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Appointment of non-executive director

Residential Secure Income plc ("ReSI" or the "Company") (LSE: RESI), which invests in residential asset classes that comprise the stock of UK social housing providers, is pleased to announce the appointment of Mike Emmerich as a non-executive director of the Company, with effect from 13 September 2018. Mike brings considerable experience in urban development to the Board, with over 20 years of experience in delivering strategies for planning, housing, environment and innovation. As the Founding Director of Metro Dynamics, a specialized consultancy for city authorities, Mike plays a central role on many major city projects including the devolution deals in the West Midlands and North East whi

Retirement Homes Portfolio Acquired For £40.2 Million

Residential Secure Income plc ("ReSI" or the “Company”) (LSE: RESI), which invests in residential asset classes that comprise the stock of UK social housing providers, is pleased to announce that it has exchanged contracts to acquire a 478-property retirement homes portfolio (the “Portfolio”), from Places for People, one of the UK’s leading Housing Associations. The consideration is £40.2million, generating a yield in line with ReSI’s previous retirement home acquisitions. The acquisition has already completed for the large majority (421) of the properties, so immediately produces income, with completion of the remainder (57) anticipated within 3 months. Heads of Terms have been agreed for

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ReSI Capital Management Limited

21-26 Garlick Hill,

London EC4V 2AU

0207 3820900

resiplc@greshamhouse.com

Media relations

​KL Communications

+44 (0) 20 3995 6673

gh@kl-communications.com

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ReSI Capital Management Limited is part of the Gresham House Group.

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Octagon Point
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