SOHO Triple Point Social Housing Reit Plc

TIDMSOHO

RNS Number : 4147A

Triple Point Social Housing REIT

24 May 2023

24 May 2023

Triple Point Social Housing REIT plc

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

COMMITTEE CHANGES

The Board of Directors of Triple Point Social Housing REIT plc (ticker: SOHO) announce the following changes to the membership and structure of the Board's Committees, effective 23 May 2023 (unless otherwise stated):

-- The establishment of a Sustainability Committee in order to reflect the Board's commitment to and focus on its ESG strategy, and which will be responsible for the delivery of the year-end voluntary reporting disclosures consistent with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

- Ian Reeves has been appointed as Chair of the Sustainability Committee and will step down as Chair of the Nomination Committee and as a member of the Management Engagement Committee.

   -     Cecily Davis and Tracey Fletcher-Ray have joined the Sustainability Committee. 
   --      Chris Phillips has been appointed as Chair of the Nomination Committee. 

- Cecily Davis will join the Nomination Committee and Peter Coward will step down from the Nomination Committee.

-- As announced on 20 March 2023, Paul Oliver will resign as a Non-Executive Director of the Board and step down from the Audit, Nomination and Management Engagement Committees with effect from 30 June 2023.

Following the changes outlined above, the membership of the Board's Committees will be as follows:

 
 Audit Committee        Nomination Committee   Management Engagement   Sustainability 
                                                Committee               Committee 
 Peter Coward (Chair)   Chris Phillips         Tracey Fletcher-Ray     Ian Reeves 
                         (Chair)                (Chair)                 (Chair) 
                       ---------------------  ----------------------  -------------------- 
 Ian Reeves (SID)       Ian Reeves (SID)       Chris Phillips          Cecily Davis 
                       ---------------------  ----------------------  -------------------- 
 Tracey Fletcher-Ray    Cecily Davis           Peter Coward            Tracey Fletcher-Ray 
                       ---------------------  ----------------------  -------------------- 
 

ENDS.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
 Triple Point Investment Management       Tel: 020 7201 8989 
  LLP 
  (Investment Manager) 
 Max Shenkman 
 Isobel Gunn-Brown 
 
 Akur Capital (Joint Financial Adviser)   Tel: 020 7493 3631 
 Tom Frost 
 Anthony Richardson 
 Siobhan Sergeant 
 
 Stifel (Joint Financial Adviser          Tel: 020 7710 7600 
  and Corporate Broker) 
 Mark Young 
 Rajpal Padam 
 Madison Kominski 
 

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 majority of the assets within the portfolio are subject to inflation-linked, long-term, 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 a 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 pressure and social need to increase housing supply across the UK which is creating opportunities for private sector investors to help deliver this housing. The Group's ability to provide forward funding 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 is a UK Real Estate Investment Trust ("REIT") listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE EPRA/NAREIT index.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRMZGZKNFFGFZM

(END) Dow Jones Newswires

May 24, 2023 02:00 ET (06:00 GMT)

Triple Point Social Hous... (LSE:SOHO)
Gráfica de Acción Histórica
De Abr 2024 a May 2024

Triple Point Social Hous... (LSE:SOHO)
Gráfica de Acción Histórica
De May 2023 a May 2024