13 Dec 2022 07:00
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.
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· | The 3.0p quarterly dividend went ex on 1 December 2022 and will be reflected in the NAV update for 31 December 2022.
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· | 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.
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· | During the month of November 2022, RECI released its interim report for the half year ended September 2022.
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· | 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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Real Est.cred (RECI)