Last checked at 
28 Nov 2022 16:21
28 November 2022
PRSR.L
The PRS REIT plc
("the Company" or "the PRS REIT")
Board and Committee Membership Update
The Board of Directors of the PRS REIT is pleased to announce that, with effect from today, the Board has approved the establishment of a Nomination Committee (the "Committee").
Stephen Smith has been appointed as Chair of the Nomination Committee, and Steffan Francis and Geeta Nanda have been confirmed as members of the Nomination Committee.
For further information, please contact:
The PRS REIT plcSteve Smith, Non-executive Chairman
| Tel: 020 3178 6378(c/o KTZ Communications) |
Sigma PRS Management LtdGraham Barnet, Mike McGill
| Tel: 0333 999 9926 |
Singer Capital MarketsJames Maxwell, Asha Chotai (Investment Banking) Alan Geeves, James Waterlow, Sam Greatrex (Sales)
| Tel: 020 7496 3000
|
Panmure Gordon (UK) Limited Chloe Ponsonby, Alex Collins David Hawkins, Tom Scrivens (Sales)
| Tel: 020 7886 2500 |
G10 Capital Limited (part of IQ-EQ) Paul Cowland
| Tel: 0207 397 5450 |
| |
KTZ Communications Katie Tzouliadis, Dan Mahoney | Tel: 020 3178 6378 |
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. On 2 March 2021, the Company transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market. Approaching its 5,000th new rental home, which is expected at around the end of 2022, 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 PRS, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma's principal focus is on the delivery of large-scale housing schemes for the private rented sector. The Company has 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 excellent property procurement and management platform, which sources sites and brings together construction resource to develop them, enabling Sigma to deliver an integrated solution to partners. As well as sourcing sites and managing all stages of the planning and development process, Sigma manages the rental of completed homes through 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).