RNS Number : 1537P
Civitas Social Housing PLC
15 October 2021

15 October 2021


Response to Further Letter from Short-Seller

Civitas Social Housing PLC ("CSH" or the "Company") notes the letter issued by a short-seller in response to the "Market Update" published by the Company on Monday 11 October 2021.

Having recently issued a detailed and verified commentary in the form of a Market Update, the Company does not intend to respond further to this letter. CSH and its investment adviser continue to make themselves available to meet and speak with shareholders and continue the regular and professional dialogue with the Regulator of Social Housing and with the Company's various counterparties.

The Company would like to take this opportunity to restate all positions set out in the Market Update and specifically to confirm the Board's confidence in the Company, in its investment adviser and to note that the Company's assets and revenues continue to perform in line with expectations. The Board reaffirms its dividend target for FY22 of 5.55 pence per Ordinary Share.

For further information, please contact:


Civitas Investment Management Limited

Paul Bridge                                                     Tel: +44 (0)20 3058 4844

Andrew Dawber                                            Tel: +44 (0)20 3058 4846


Panmure Gordon

Sapna Shah                                                    Tel: +44 (0)20 7886 2783

Tom Scrivens                                                 Tel: +44 (0) 20 7886 2648


Liberum Capital                                            Tel: +44 (0) 20 3100 2000

Chris Clarke

Darren Vickers

Owen Matthews                                



Helen Tarbet / Henry Wilson                      Tel: +44 (0) 20 7466 5111

Hannah Ratcliff / George Beale                  civitas@buchanan.uk.com




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 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 £915.6 million (31 March 2021). CSH now provides homes for 4,391 working age adults with long-term care needs, in 648 bespoke properties that are supported by 119 specialist care providers, 17 approved providers and working with over 178 individual local authorities.


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.