RECI.L

Real Estate Credit Investments Ltd.
Real Est Crd InvsLtd - Fact Sheet Announcement
13th May 2024, 06:00
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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

 

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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.

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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 (Cheyne)             

+44 (0)20 7968 7450

 

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