Purchase of Shares in Closed Period

RNS Number : 5285H

Civitas Social Housing PLC

06 April 2022

 

LEI: 213800PGBG84J8GM6F95

6 April 2022

Civitas Social Housing Plc (the "Company")

Purchase of Shares in Closed Period

Civitas Social Housing Plc (the "Company") announces that the Company has entered a closed period in respect of the publication of its Annual Report for the year ended 31 March 2022 (the "Closed Period").

Pursuant to the share buyback authority approved by the Company's shareholders at the AGM on 22 September 2021, the Board has granted authority to the Company's joint brokers, Panmure Gordon (UK) Limited and Liberum Capital Limited, to purchase the Company's ordinary shares ("Ordinary Shares") in the market during the Closed Period, subject to pre-agreed parameters.  Any Ordinary Shares purchased during the Closed Period will be held in treasury to the extent permitted by law or cancelled.

The authority granted is irrevocable and non-discretionary, and during the Closed Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Panmure Gordon (UK) Limited and Liberum Capital Limited.

The Company confirms that it currently has no unpublished inside information.

For further information, please contact:

Civitas Investment Management Limited

Andrew Dawber                                   Tel: [phone]

Paul Bridge                                      Tel: [phone]

Panmure Gordon

Sapna Shah                                           Tel: [phone]

Tom Scrivens Tel: [phone]

Liberum Capital    Tel: [phone]
Chris Clarke
Darren Vickers
Owen Matthews 

Buchanan

Helen Tarbet / Henry Wilson   Tel: [phone]

Hannah Ratcliff / George Beale    [e-mail]

Civitas Social Housing PLC (CSH) was created in 2016 by Civitas Investment Management Limited as the first dedicated London listed REIT to raise long-term, sustainable, institutional capital to invest in care-based social homes and healthcare facilities across the UK.  So far, Civitas has completed more than 120 individual transactions to build the largest portfolio of its kind that has been independently valued at £946.3million (30 September 2021).  CSH now provides homes for 4,404 working age adults with long-term care needs, in 649 bespoke properties that are supported by 119 specialist care providers, 18 approved providers and working with over 178 individual local authorities.

 

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