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Some of the key highlights from the 2026 Report and Accounts (released on 25 June) include i) “underlying performance remains good… not seeing any significant impacts in our market” from the heightened macro-uncertainties, ii) Directors/Cheyne staff bought 284k shares since 1 April 2025, showing their confidence in the model, iii) £186m new investments, primarily funded by £161m of capital and interest repayments ‒ total assets were £425m, RECI’s portfolio can be quickly churned into new opportunities with an average portfolio life of 18 months at year-end, iv) NAV decline of 5p after 12p dividends paid, v) ca.90% of year-end assets senior secured.
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