Business
Update, Proposed Equity Fundraise & Results Notice
Update, Proposed Equity Fundraise & Results Notice.
About this update from Social Housing Reit Plc
[{"type":"text","content":"\n \nRNS Number : 9819F Triple Point Social Housing REIT 27 February 2018 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA 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.\n \nTHIS ANNOUNCEMENT HAS BEEN DETERMINED TO CONTAIN INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014.\n \nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, AN OFFER FOR SALE OR SUBSCRIPTION OF, OR SOLICITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR, ANY ORDINARY SHARES OR ANY C SHARES IN THE COMPANY, IN ANY JURISDICTION, INCLUDING THE UNITED STATES, 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, ANY CONTRACT OR INVESTMENT DECISION WHATSOEVER, IN ANY JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION REGARDING ANY SECURITIES. ANY INVESTMENT DECISION MUST BE MADE EXCLUSIVELY ON THE BASIS OF THE PROSPECTUS TO BE PUBLISHED BY THE COMPANY IN CONNECTION WITH THE ISSUE.\n \n27 February 2018\nTriple Point Social Housing REIT plc\n(the \"Company\" or, together with its subsidiaries, the \"Group\")\nINVESTMENT UPDATE \nPROPOSED EQUITY FUNDRAISE \nNOTICE OF RESULTS\nThe Board of Triple Point Social Housing REIT plc (ticker: SOHO) is pleased to announce that, following its most recently announced transactions, the Group has committed £179.2 million (including purchase costs)1 to the acquisition or forward funding of properties, with a current portfolio of 148 regulated supported housing assets (including forward funded assets and those acquisitions which have exchanged but not yet completed). As a result, the Group has now substantially invested the net proceeds raised from its IPO in August 2017.\n \nThe Company's Delegated Investment Manager, Triple Point Investment Management LLP (\"Triple Point\"), has access to a significant pipeline of further potential investments and is currently engaged in discussions with various parties (including Approved Providers and develope...