Sigma announced that it has reached agreement with The PRS REIT plc to extend the term of the Investment Advisory Agreement ("IAA") in place between its subsidiary, Sigma PRS Management Limited ("the Investment Adviser"), the PRS REIT and the alternative investment fund manager, G10 Capital Limited ("AIFM"). Two amendments to the IAA have been agreed and are stated below. All other terms remain unchanged.

These changes provide additional certainty regarding the PRS REIT's arrangements with Sigma PRS Management Limited, and were considered and approved by the PRS REIT's Board following a consultation with major shareholders.