Residential Secure Income REIT (RESI) Ord GBP0.01

Residential Secure Income plc is a United Kingdom-based real estate investment trust (REIT). The Company is focused on delivering secure, inflation-linked returns in two sub-sectors in United Kingdom residential housing; independent retirement rentals and shared ownership, which are underpinned by an ageing demographic and untapped, strong demand for affordable homes. Its subsidiary, ReSI Housing Limited (ReSI Housing), is registered as a for-profit Registered Provider of social housing and so provides a proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant. The Company's portfolio comprises approximately 2,956 properties. The Company's fund manager is Gresham House Asset Management Limited.

The Company’s investment objective is to realise all existing assets in the Company’s portfolio in an orderly manner, with a view to ultimately returning available cash to Shareholders, following the repayment of the Group’s borrowings.

• Ongoing charge1.34%
• Annual management charge -
• Performance feeNo

The Fund Manager Fee is charged annually based on the average of ReSI plcs market capitalisation and Net Asset Value, with a tiered structure 1.00% on amounts up to 250 million 0.90% on amounts between 250 million and 500 million 0.80% on amounts between 500 million and 1,000 million 0.70% on amounts above 1,000 million These rates apply progressively across each portion of the Net Asset Value.