LSE welcomes 'European Residual Income Investments' to SFM
European Residual Income Investments Cell admitted to the Specialist Fund Market.
- (1888PressRelease) August 20, 2011 - The London Stock Exchange (LSE) has welcomed European Residual Income Investments Cell to the Specialist Fund Market (SFM). The cell is the twelfth fund to be admitted to the SFM and the second fund to join the market this year.
European Residual Income Investments Cell is a cell of Real Estate Credit Investments (RECI) PCC Limited, which is listed on the Main Market of The London Stock Exchange. The shares of European Residual Income Investments Cell are admitted to trading on the SFM following a restructuring of Real Estate Credit Investments PCC Limited.
Tracey Pierce, Director of Equity Primary Markets at London Stock Exchange Group, says: "We are delighted to welcome European Residual Income Investments Cell to the Specialist Fund Market today. This is a great example of the London Stock Exchange's choice of markets supporting the individual growth and development ambitions of different types of companies and funds.
"As the second fund to join the market in as many months, European Residual Income Investments Cell is taking advantage of the SFM's unique ability to provide access to a pool of specialist, professional investors that fully understand the nature and structure of their business."
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