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Triple Point Social Housing REIT is an Investment Trust

To provide shareholders with stable, long term, inflation-linked income from a portfolio of Social Housing assets in the UK with a particular focus on Supported Housing assets.

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Publication of Supplementary Prospectus

14 Apr 2021 11:36

RNS Number : 4676V
Triple Point Social Housing REIT
14 April 2021
 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OF FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA ("EEA") (OTHER THAN ANY MEMBER STATE OF THE EEA WHERE SECURITIES MAY BE LAWFULLY MARKETED) OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR TO US PERSONS. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

14 April 2021

 

Triple Point Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

Publication of Supplementary Prospectus

The Board of Triple Point Social Housing REIT plc (ticker: SOHO) announces the publication of a supplementary prospectus approved by the Financial Conduct Authority (the "Supplementary Prospectus"). This Supplementary Prospectus is a regulatory requirement under the Prospectus Regulation Rules following the publication of the Company's annual audited financial statements for the period from 1 January 2020 to 31 December 2020.

The Supplementary Prospectus is supplemental to, and should be read in conjunction with, the prospectus published by the Company on 30 September 2020 and the supplementary prospectus published on 15 October 2020 in relation to, amongst other things, the Placing Programme (the "Prospectus").

Copies of the Supplementary Prospectus will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and shortly on the Company's website at www.triplepointreit.com.

Any defined terms used in this announcement are as set out in the Prospectus as supplemented by the Supplementary Prospectus.

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP

(Investment Manager)

Tel: 020 7201 8989

Max Shenkman

Isobel Gunn-Brown

Freddie Cowper-Coles

Akur Capital (Joint Financial Adviser)

Tel: 020 7493 3631

Tom Frost

Anthony Richardson

Siobhan Sergeant

Stifel (Joint Financial Adviser and Corporate Broker)

Tel: 020 7710 7600

Mark Young

Mark Bloomfield

Rajpal Padam

 

The Company's LEI is 213800BERVBS2HFTBC58. 

Further information on the Company can be found on its website at www.triplepointreit.com.

NOTES:

The Company invests in primarily newly developed social housing assets in the UK, with a particular focus on supported housing. The assets within the portfolio are subject to inflation-adjusted, long-term (typically from 20 years to 30 years), Fully Repairing and Insuring ("FRI") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to an FRI lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

There is increasing political and financial pressure on Housing Associations to increase their housing delivery and this is creating opportunities for private sector investors to participate in the market. The Group's ability to provide forward financing for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents as well as delivering returns to investors.

The Company was admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 8 August 2017 and was admitted to the premium segment of the Official List of the Financial Conduct Authority and migrated to trading on the premium segment of the Main Market on 27 March 2018. The Company operates as a UK Real Estate Investment Trust ("REIT") and is a constituent of the FTSE EPRA/NAREIT index.

IMPORTANT NOTICE:

Please note that the information contained in the Supplementary Prospectus and the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries only (as specified in the Prospectus) and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus you must ascertain from such Prospectus whether or not you are part of the intended addressees of the information contained therein.

This Announcement is not for publication or distribution, directly or indirectly, in, into or from Australia, Canada, the Republic of South Africa, New Zealand, Japan, the United States (including its territories and possessions, any state of the United States and the District of Columbia), or any member state of the EEA (other than any member state of the EEA where securities may lawfully be marketed). The distribution of this Announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This Announcement is an advertisement and does not constitute a prospectus relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or an invitation to purchase investments of any description, or any solicitation of any offer to subscribe for, any securities in the Company in any jurisdiction nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract therefore. Investors should not subscribe for or purchase any transferable securities referred to in this Announcement except on the basis of information in the Prospectus and the Supplementary Prospectus published by the Company in connection with the proposed Issue and Placing Programme. Copies of the Prospectus and the Supplementary Prospectus are available on the Company's website (www.triplepointreit.com).

 

 

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PSPEAELLFDLFEFA
Date   Source Headline
14th Apr 20213:50 pmRNSHolding(s) in Company
14th Apr 20213:26 pmRNSHolding(s) in Company
14th Apr 202111:36 amRNSPublication of Supplementary Prospectus
13th Apr 202111:55 amRNSHolding(s) in Company
12th Apr 20215:47 pmRNSHolding(s) in Company
6th Apr 202111:30 amRNSDirector/PDMR Shareholding
6th Apr 20217:00 amRNSPurchase of Management Shares
18th Mar 20219:50 amRNSPortfolio Update
12th Mar 20214:00 pmRNSAnnual Financial Report and Notice of AGM
9th Mar 20217:00 amRNSAcquisitions Update
5th Mar 20217:00 amRNSRESULTS FOR THE YEAR ENDED 31 DECEMBER 2020
4th Mar 20217:00 amRNSDividend Declaration
1st Feb 20218:00 amEQSEdison Investment Research Limited: Triple Point Social Housing REIT (SOHO): Initiation - Social impact returning secure income
25th Jan 20211:46 pmRNSHolding(s) in Company
18th Jan 20212:48 pmRNSHolding(s) in Company
15th Jan 20214:07 pmRNSHolding(s) in Company
11th Jan 20212:27 pmRNSHolding(s) in Company
4th Jan 202112:10 pmRNSHolding(s) in Company
17th Dec 20205:00 pmRNSHolding(s) in Company
17th Dec 20209:57 amRNSPortfolio Update - My Space Housing Solutions
15th Dec 20207:00 amRNSREVOLVING CREDIT FACILITY INCREASED TO £160MILLION
9th Dec 20203:00 pmRNSHolding(s) in Company
10th Nov 20203:51 pmRNSHolding(s) in Company
9th Nov 20203:15 pmRNSHolding(s) in Company
5th Nov 20207:00 amRNSRent Collection, NAV and Dividend Declaration
3rd Nov 20205:00 pmRNSHolding(s) in Company
2nd Nov 20207:00 amRNSAcquisitions Update
2nd Nov 20207:00 amRNSTotal Voting Rights
26th Oct 20205:26 pmRNSHolding(s) in Company
23rd Oct 20203:47 pmRNSDirector/PDMR Shareholding
23rd Oct 202010:15 amRNSHolding(s) in Company
21st Oct 202012:30 pmRNSResult of General Meeting
21st Oct 20207:00 amRNSResults of the Issue
15th Oct 20209:30 amRNSPublication of Supplementary Prospectus
13th Oct 20204:15 pmRNSPortfolio update: Westmoreland Supported Housing
30th Sep 20202:15 pmRNSPublication of Prospectus and Posting of Circular
30th Sep 20207:54 amRNSDetails of Open Offer
30th Sep 20207:00 amRNSProposed Issue of Equity and Placing Programme
30th Sep 20207:00 amRNSResults for the six months ended 30 June 2020
8th Sep 20209:00 amRNSNotice of Interim Results
26th Aug 20207:00 amRNSDividend Declaration
6th Aug 20207:00 amRNSAcquisitions, Rent Collection and Dividend Cover
1st Jul 20207:00 amRNSAIFM and Depositary Appointments
26th Jun 20209:43 amRNSHolding(s) in Company
9th Jun 20209:00 amRNSHolding(s) in Company
8th Jun 20207:00 amRNSUpdate on Acquisitions and Trading
15th May 20207:00 amRNSBroker Appointment
14th May 20203:00 pmRNSDividend Update and Declaration
14th May 20202:30 pmRNSResult of Annual General Meeting
7th May 20207:00 amRNSRENTAL RECEIPT UPDATE AND NAV AS AT 31 MARCH 2020

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