REG - Real Est Crd InvsLtd - Fact Sheet Announcement

Real Estate Credit InvestmentsAnnouncement

13/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240513:nRSM0310Oa&default-theme=true

RNS Number : 0310O  Real Estate Credit Investments Ltd  13 May 2024

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 30 April 2024 is now available on the Company's
website at:

 

https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1
(https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Frealestatecreditinvestments.com%2Finvestors%2Ffact-sheets%2F%23currentPage%3D1&data=05%7C01%7CKitten.Ozanne%40aztecgroup.co.uk%7Cc57d48098cc044cef33c08db46fca8cf%7C5f75785019e44329bc48045f1fe3eecd%7C0%7C0%7C638181823255240174%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=JzKf39S6BljvT2QFxbzoEHbH6r8sSJr4LQWAgj3xfgk%3D&reserved=0)

 

 -                            As at 30 April 2024, the Company was invested in a diversified portfolio of 31
                              investments with a valuation of £309.6m.
 -                            Cash Balance as at 30 April 2024 was £20.9m. Net effective leverage is 2.2%.
 -                            RECI continues to use its cash to invest in its existing commitments in highly
                              accretive wider opportunities in senior mortgage lending.
 -                            As at 30 April 2024, there are 225.2m shares with voting rights in issue,
                              reflecting a NAV per share of 145.9p.
 -                            A full attribution of changes in the NAV per share is presented in the table:

 

 March NAV         144.5p
 Interest income   1.1p
 Asset valuations  -0.0p
 FX                0.1p
 Expenses          -0.2p
 Buyback           0.4p
 April NAV         145.9p

 

 

For further information please contact:

 

 Broker:              Darren Vickers / Edward Mansfield (Liberum Capital)         +44 (0)20 3100 2222
 Investment Manager:  RECIIR@cheynecapital.com (mailto:RECIIR@cheynecapital.com)  +44 (0)20 7968 7450
                      (Cheyne)

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  PFUSFUFDSELSEII