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Fact Sheet Announcement

10 Aug 2022 07:00

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

 

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

 

-----END------

 

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DOCSSWFMUEESEIA
Date   Source Headline
17th Apr 20092:00 pmPRNDirector Declaration
15th Apr 20092:53 pmRNSShare Repurchase Programme
1st Apr 20095:36 pmRNSTop Ten Holdings
18th Mar 20092:58 pmPRNDividend Declaration
18th Mar 20097:00 amRNS3rd Quarter Results
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