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RNS Number : 4183J
Real Estate Credit Investments Ltd
13 December 2022
 

This announcement contains inside information

 

Date and time of release: 13 December 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 30 November 2022 is now available on the Company's website at:

 

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

 

The highlights of the monthly update are provided below:

 

·   

NAV as at 30 November 2022 was £1.502 per share, representing an increase of 1.2p per share from the 31 October 2022 NAV of 1.490 per share.

 

·   

The 3.0p quarterly dividend went ex on 1 December 2022 and will be reflected in the NAV update for 31 December 2022.

 

·   

The change in NAV per share was due to:-


Ø 1.1p of interest income; and


Ø 0.1p of positive mark-to-market ('MTM') adjustments across the bond portfolio.

 

·   

During the month of November 2022, RECI released its interim report for the half year ended September 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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