Investment Trust Dividends

RECI

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
–             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.
–            A full attribution of changes in the NAV per share is presented in the table:
March NAV144.5p
Interest income1.1p
Asset valuations-0.0p
FX0.1p
Expenses-0.2p
Buyback0.4p
April NAV145.9p

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