Residential Sec Regulatory News (RESI)

1 August 2017

RESIDENTIAL SECURE INCOME PLC

(the "Company")

Total Voting Rights

The following notification is made in accordance with the UK Financial Conduct Authority Disclosure Guidance and Transparency Rule 5.6.1.

On 31 July 2017, the issued share capital of the Company was 180,213,287 Ordinary Shares of £0.01 with voting rights. No Ordinary Shares are held in Treasury. Therefore the total number of voting rights in the Company is 180,213,287.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

FOR FURTHER INFORMATION, PLEASE CONTACT: 

NOTES:

The Company intends to invest in portfolios of Homes across residential asset classes that comprise the stock of Housing Associations and Local Authorities, comprising Shared Ownership Homes, Market Rental Homes, Functional Homes and Sub-Market Rental Homes throughout the UK.

Homes acquired by the Company will predominantly be on a freehold or long leasehold basis (typically 99 years or more to maturity) and benefit from long term (typically 20 years plus) inflation-adjusted cash flows. Acquisitions by the Company will be limited to Homes with sufficient cashflows, counterparty credit quality and property security that allow the Fund Manager to arrange long-term investment grade equivalent debt.

The Company is targeting, on a fully invested and geared basis, a dividend yield of 5 per cent. per annum based on the issue price of 100 pence per Ordinary Share, which the Company expects to increase broadly in line with inflation, and a total return in excess of 8 per cent. per annum1.

The Company expects to make a meaningful contribution to the UK housing shortage by allowing Housing Associations and Local Authorities to recycle capital into socially and economically beneficial new housing.

Further information on Residential Secure Income plc is available at www.resi-reit.com 

1. This is a target only and not a profit forecast and there can be no assurance that it will be met.