Triple Point Social Housing REIT Director Declaration (7798V)

TIDMSOHO

RNS Number : 7798V

Triple Point Social Housing REIT

15 December 2021

Triple Point Social Housing REIT plc

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

DIRECTOR DECLARATION

The Board of Triple Point Social Housing REIT plc (ticker: SOHO) announces that, pursuant to Listing Rule 9.6.14, Ian Reeves CBE, the Senior Independent Director of the Company, has been appointed as a non-executive Director of Geiger Counter Limited with effect from 13 December 2021.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

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

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 assets within the portfolio are subject to inflation-adjusted, long-term (typically from 20 years to 30 years), 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 an FRI 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 and financial pressure on Housing Associations to increase their housing delivery and this is creating opportunities for private sector investors to participate in the market. The Group's ability to provide forward financing 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 was admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 8 August 2017 and was admitted to the premium segment of the Official List of the Financial Conduct Authority and migrated to trading on the premium segment of the Main Market on 27 March 2018. The Company operates as a UK Real Estate Investment Trust ("REIT") and is a constituent of the FTSE EPRA/NAREIT index.

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END

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