Civitas Social Housing PLC Statement on Grenfell Tower and Subsequent Events (5066J)

TIDMCSH

RNS Number : 5066J

Civitas Social Housing PLC

28 June 2017

29 June 2017

CIVITAS SOCIAL HOUSING PLC

("Civitas" or the "Company")

Grenfell Tower and Subsequent Events

The tragic events surrounding Grenfell Tower have led to a national evaluation of the use of certain building materials and construction methods in high rise buildings.

Civitas seeks to ensure that the properties within the portfolio are of a high standard and suitable for use by the tenants. This is supported by 100 per cent physical inspection prior to purchase with an associated programme of monitored improvements as required.

The Company's strategy is to buy individual home dwellings and low rise smaller apartment buildings. Civitas does not buy or own any high rise or older system-built properties to which the issues referred to relate. It has never been the intention to acquire any such properties as they do not fit within the Company's investment strategy.

At this time we wish to extend our thoughts to those caught up in these tragic events. Civitas Housing Advisers Limited has made a private donation to the British Red Cross London Fire Relief Fund.

For further information, please contact:

Civitas Housing Advisors Limited

   Paul Bridge                           Tel: +44 (0)20 3709 4622 
   Andrew Dawber                   Tel: +44 (0)20 3709 4626

Cenkos Securities PLC

   Sapna Shah                           Tel: +44 (0)20 7397 1922 
   Tom Scrivens                        Tel: +44 (0)20 7397 1915

Pagefield

   Philip Dennis                       Tel: +44 (0)7947 868206 
   David Leslie                          Tel: +44 (0)7584 070274

Notes:

Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales. The Company is managed by Civitas Housing Advisors Limited. The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 29, 2017 02:00 ET (06:00 GMT)

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