Prices delayed by at least 15 minutes | Print
Residential Secure Income PLC (RESI)
ORD GBP0.01This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPPand can be used with Regular investment and Dividend reinvestment
Before investing please read:
IN BRIEF: Residential Secure completes property sale for GBP15 million
Residential Secure Income PLC - investor in retirement living and shared ownership - Completes sale of Wesley House for net consideration of around GBP15 million. The sale marginally exceeds the GBP14.8 million valuation reported as at March 31. The proceeds enable the company to repay its GBP15 million floating rate debt with Santander in full. The company said it is now working exclusively in the independent retirement rentals and shared ownership residential sub-sectors during its managed wind-down. Wesley House is a local authority housing property in Luton.
Current stock price: 57.60 pence, up 6.3%
12-month change: down 2.7%
By Michael Hennessey, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2025 AJ Bell. All rights reserved.