Real Est.cred Regulatory News (RECI)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 Sarah Evans

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Real Estate Credit Investments Limited

b)

LEI

549300QRGEEMB5OOLX86

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of no par value

Identification code

ISIN: GB00B0HW5366

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.625

20,000

d)

Aggregated information

- Aggregated volume

N/A

- Price

N/A

e)

Date of the transaction

23 March 2017

f)

Place of the transaction

London Stock Exchange