Real Est Crd InvsLtd - Fact Sheet Announcement

Real Estate Credit Investments

09/02/2023 07:00

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RNS Number : 3602P  Real Estate Credit Investments Ltd  09 February 2023

This announcement contains inside information

 

Date and time of release: 09 February 2023, 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 January 2023 is now available on the Company's
website at:

 

https://www.recreditinvest.com/investors/fact-sheets/
(https://www.recreditinvest.com/investors/fact-sheets/)

 

The highlights of the monthly update are provided below:

 

 ·         NAV as at 31 January 2023 was £1.495 per share, representing an increase of
           1.3p per share from the 31 December 2022 NAV of £1.482 per share.
 ·         The change in NAV per share was due to:-
           Ø 1.1p of interest income; and

           Ø 0.2p of positive mark-to-market ('MTM') adjustments across the bond
           portfolio.
 ·         During the month of January 2023, RECI released its company update
           presentation for the quarter ended December 2022.
 ·         The Company expects to deploy its currently available cash resources in near
           term commitments and continues to see a growing pipeline of senior loans at
           attractive floating rates.

 

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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