Real Est Crd InvsLtd - Fact Sheet Announcement

Real Estate Credit Investments

10/08/2022 07:00

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RNS Number : 4700V  Real Estate Credit Investments Ltd  10 August 2022

This announcement contains inside information

 

Date and time of release: 10 August 2022, 7:00 am

 

Real Estate Credit Investments Limited

 

Investment Manager Fact Sheet

 

Real Estate Credit Investments Limited (the "Company"), a non-cellular company
incorporated in Guernsey, is pleased to announce that its Investment Manager's
monthly Fact Sheet as at 31 July 2022 is now available on the Company's
website at:

 

https://realestatecreditinvestments.com/investors/fact-sheets
(https://realestatecreditinvestments.com/investors/fact-sheets)

 

The highlights of the monthly update are provided below:

 

•     NAV as at 31 July 2022 was £1.499 per share, representing a
decrease of 2.0p per share from the 30 June 2022 NAV of £1.519 per share.

 

•     The change in NAV per share was due to:-

•     the payment of the first interim dividend of 3.0p, which went
ex-dividend in July, and

•     1.0p of interest income.

 

•     During the month, RECI refinanced a senior loan by £18.7m to
increase its total to £26.2m. This can be seen at number 5 in the top 10
commitments listed on the factsheet.

 

•     The Company expects to deploy its currently available cash
resources in near term commitments and continues to see a growing pipeline of
new attractive opportunities.

 

For further information please contact:

 

 Broker:              Richard Crawley / Darren Vickers (Liberum Capital)  +44 (0)20 3100 2222
 Investment Manager:  Richard Lang (Cheyne)                               +44 (0)20 7968 7328

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