Fact Sheet Announcement

By

Regulatory News | 09 Oct, 2024

Updated : 07:01

RNS Number : 4292H
Real Estate Credit Investments Ltd
09 October 2024
 

Real Estate Credit Investments Limited

 

Investment Manager Fact Sheet

 

Real Estate Credit Investments Limited (the "Company" or "RECI"), a non-cellular company incorporated in Guernsey, is pleased to announce that its Investment Manager's monthly Fact Sheet as at 30 September 2024 is now available on the Company's website at:

 

https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1

 

-             

As at 30 September 2024, the Company was invested in a diversified portfolio of 26 investments with a valuation of £308.5m. Cash Balance was £18.6m. Net effective leverage was 19.8%.

-             

An interim dividend of 3p per share was declared on 18 September 2024, to be paid on 18 October 2024 to Ordinary Shareholders on the register at the close of business on 27 September 2024.

-             

RECI continues to use its cash to invest into new and existing loan commitments and carry out share buybacks.

-            

A full attribution of changes in the NAV per share is presented in the table:

 

August NAV

147.6p

Interest income

0.9p

Asset valuations

0.6p

FX

0.1p

Expenses

-0.3p

Dividend

-3.0p

Share Buybacks

0.0p

September NAV

145.9p

 

 

For further information please contact:

 

Broker:

Darren Vickers / Alex Collins (Panmure Liberum)

+44 (0)20 3100 2222

Investment Manager:

RECIIR@cheynecapital.com (Cheyne)             

+44 (0)20 7968 7450

 

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