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Pin to quick picksResidential Sec Share News (RESI)

Share Price Information for Residential Sec (RESI)

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Share Price: 48.80
Bid: 47.00
Ask: 48.90
Change: 2.80 (6.09%)
Spread: 1.90 (4.043%)
Open: 47.80
High: 48.80
Low: 46.50
Prev. Close: 46.00
RESI Live PriceLast checked at -
Residential Secure Income REIT is an Investment Trust

To provide shareholders with an attractive level of income and capital growth from investing in residential asset classes that comprise the stock of registered UK social housing providers, Housing Associations and Local Authorities.

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SMALL-CAP WINNERS & LOSERS: 888 soars on backing from ex-GVC directors

Wed, 07th Jun 2023 10:18

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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888 Holdings PLC, up 20% at 96.1 pence, 12-month range 50.5p-207.8p. Late Tuesday, the William Hill owner revealed FS Gaming Investments LLC has taken a 6.6% stake in the firm. FS Investments is backed by Kenny Alexander, Lee Feldman and Shay Segev. Alexander was formerly chief executive of GVC Holdings PLC, the Ladbrokes and Coral owner now known as Entain PLC. Alexander was replaced by Segev, who then stepped down as CEO in January 2021 to head up sports streaming platform DAZN. Feldman was formerly chair of GVC, departing in February 2020. A spokesperson of 888 tells Alliance News on Wednesday: "We welcome the investment of FS Gaming which we believe reflects the significant value creation potential in our business."

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James Fisher & Sons PLC, up 3.2% at 390.00p, 12-month range 241.00p-415.50p. The provider of specialist services to the marine, oil and gas and other industries completes its refinancing, with a new GBP210 million revolving credit facility. The RCF is provided by six existing lenders, and matures in March 2025." The new RCF provides a solid financial base from which we can continue to execute the transformation strategy," says CEO Jean Vernet.

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SMALL-CAP - LOSERS

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Residential Secure Income PLC, down 2.5% at 70.4p, 12-month range 59.2p-117.5p. The Bristol-based real estate investment fund focused on independent retirement living and shared ownership says its net asset value per share 17% to 90.0p at the end of March, from 108.8p six months before, amid volatility in the property market. Also notes its shares trade at a "significant" discount to its NAV. "This is particularly disappointing given the scale of investment opportunities now available," it says.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Jan 2019 14:25

Residential Secure Income Declares Interim Dividend Of 1.25 Pence

LONDON (Alliance News) - Residential Secure Income PLC on Wednesday declared a 1.25 pence per share interim dividend covering the three months to December-end.The firm will pay 1.125p of as

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29 Jan 2019 14:31

Residential Secure Income Signs GBP14.5 Million Secured Debt Facility

LONDON (Alliance News) - Residential Secure Income PLC on Tuesday said it signed a GBP14.5 million debt facility, secured against 289 units in its local authority housing portfolio.The in a

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22 Jan 2019 16:00

UK Shareholder Meetings Calendar - Next 7 Days

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22 Jan 2019 13:46

Residential Secure Income forms partnership with Morgan Sindall

(Sharecast News) - Social housing asset investor Residential Secure Income (ReSI) announced on Tuesday that its fund manager, ReSI Capital Management (RCM), has entered into a new housing investment partnership agreement with Morgan Sindall Investments.

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23 Nov 2018 11:21

Residential Secure Income Annual Net Asset Value Since Admission Rises

LONDON (Alliance News) - Residential Secure Income PLC on Friday said its total return has exceeded its own target since it joined the London Stock Exchange.The company, which invests in on

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25 Oct 2018 12:17

Residential Secure Income Acquires 34 London Homes For GBP16.5 Million

LONDON (Alliance News) - Property investor Residential Secure Income PLC said on Thursday it will acquire 34 new build homes located in Barnet, London, from Crest Nicholson Holdings PLC for plans

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19 Oct 2018 11:17

Residential Secure Acquires 39-Unit Portfolio For GBP6.5 Million

LONDON (Alliance News) - Social housing investor Residential Secure Income PLC said on Friday it has acquired a 39-unit leased rental homes portfolio for GBP6.5 million.The units are across

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14 Sep 2018 14:54

Residential Secure Hires Metro Dynamics Founder As Non-Exec Director

LONDON (Alliance News) - Residential Secure Income PLC on Friday said it appointed Mike Emmerich, the founding director of Metro Dynamics Ltd, to its board.Emmerich joined the social board

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10 Sep 2018 11:54

Residential Secure Income acquires 478 retirement homes from Places for People

(Sharecast News) - Social housing investor Residential Secure Income has exchanged contracts to acquire 478 retirement homes from Places for People for £40.2m.

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10 Sep 2018 11:26

Residential Secure Buys Retirement Homes Portfolio For GBP40 Million

LONDON (Alliance News) - Residential Secure Income PLC said Monday it bought a 478-property retirement homes portfolio for GBP40.2 million from UK housing association Places for People.The

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30 Aug 2018 11:32

Residential Secure's investment manager gets new CFO

(Sharecast News) - Residential Secure Income announced on Thursday that TradeRisks, the parent company of its investment manager, has appointed Richard Stubbs as its chief financial officer with responsibility for financial strategy and operations, including across ReSI.

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29 Jun 2018 12:16

Residential Secure Income NAV Rises In First Trading Period Since IPO

LONDON (Alliance News) - Real estate investment trust Residential Secure Income PLC said on Friday it saw a slight increase in its net asset value since listing on the London Main Market in July a

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21 Jun 2018 09:40

Residential Secure Income Acquires Property In Luton For GBP21 Million

LONDON (Alliance News) - Residential Secure Income PLC on Thursday said it agreed to buy a freehold residential building in Luton, north of London, for GBP21.3 million.The investment said a

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16 May 2018 12:17

Residential Secure To Acquire Property Portfolio For GBP31 Million

LONDON (Alliance News) - UK social housing investor Residential Secure Income PLC said Wednesday that it will acquire a portfolio of licensed rental properties located in southern England for from

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20 Apr 2018 14:57

UK Earnings, Trading Statements Calendar - Next 7 Days

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