Business
First day of dealings
First day of dealings.
About this update from Residential Secure Income Plc
[{"type":"text","content":"\n \nRNS Number : 8109K Residential Secure Income PLC 12 July 2017 \n\nTHIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA TO US PERSONS OR IN OR INTO, THE UNITED STATES, AUSTRALIA, SOUTH AFRICA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION\n \n12 July 2017\nResidential Secure Income plc \n(the \"Company\" or \"ReSI\")\nFirst day of dealings\nFurther to the announcement on 7 July 2017, the Company is pleased to announce that 180 million ordinary shares (the \"Ordinary Shares\") will today be admitted to trading on the Main Market of the London Stock Exchange and the premium segment of the Official List of the UK Listing Authority (\"Admission\"). The Ordinary Shares will trade under the ticker: RESI (ISIN: GB00BYSX1508).\n \nThe total number of Ordinary Shares in the Company in issue immediately following Admission is 180,000,000 each with equal voting rights. This total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.\n \nFOR FURTHER INFORMATION, PLEASE CONTACT: \n\n\n\n\nReSI Capital Management Limited\nJonathan Slater, Chief Executive\nKen Youngman, Chief Financial Officer\nBen Fry, Investment Manager\nAlex Pilato, Director\n\n\n+44 (0) 20 7382 0900\n\n\n\n\n\n\n\n\n\n\n\n\nJefferies International Limited \nStuart Klein\nGary Gould\n\n\n+44 (0) 20 7029 8000\n\n\n\n\n\n\n\n\n\n\n\n\nNewgate Communications\nJames Benjamin\nClotilde Gros\nLydia Thompson\n\n\n+44 (0) 20 7680 6550\nEmail: [email protected]\n\n\n\n\n \nNOTES:\nThe 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. \n \nHomes 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-adj...