We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

M&G Credit Income Investment Trust plc (MGCI) Ord GBP0.01

Sell:95.20p Buy:96.80p 0 Change: 2.00p (2.11%)
FTSE All Share:1.12%
Market closed |  Prices as at close on 11 March 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

M&G Credit Income Investment Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Mar 2025)

What is happening?

 

M&G Credit Income Investment (MGCI) have announced their intention to raise capital via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).

 

M&G Credit Income Investment (MGCI) have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.

 

• Applications are due to close at 1pm on Thursday 20 March. Due to the nature of the fundraising, applications can close at any time and without prior warning.

 

• Shares are being offered at a price equal to a 1% premium to the last published cum-income Net Asset Value (NAV) per Ordinary Share prior to the close of the Placing. This is anticipated to be announced on Tuesday 18 March.

 

• The minimum application for the Retail Offer is £100.

 

• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.

 

• Hargreaves Lansdown will not receive a commission from the Issuer as part of the Offer.

 

What are my options?

 

Option 1 – Do Nothing. If you do not return an election by the deadline of 1pm Thursday 20 March,

the Offer will lapse.

 

Option 2 – You can choose to buy new Shares. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.

 

When do I have to decide by?


Any instruction to participate in the Retail Offer must be received by 1pm on Thursday 20 March. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?

 

If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 2pm on Thursday 20 March. The second will confirm how many shares you have been allocated and the price per share; this will be sent once the results have been announced on Friday 21 March.

 

You can view your application in the Pending Orders tab of your online account from midday on Friday 21 March.

 

Your new shares will be credited on Tuesday 25 March. This may be delayed in the event the company does not deliver your shares to us by this time.

 

To assist the Company during the allocation process, we may be required to disclose the number of M&G Credit Income Investment (MGCI) shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 19 March.

 

It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the M&G Credit Income Investment (MGCI) announcement.

 

If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Sell:95.20p
Buy:96.80p
Change: 2.00p (2.11%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 11 March 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

M&G Credit Income Investment Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Mar 2025)

What is happening?

 

M&G Credit Income Investment (MGCI) have announced their intention to raise capital via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).

 

M&G Credit Income Investment (MGCI) have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.

 

• Applications are due to close at 1pm on Thursday 20 March. Due to the nature of the fundraising, applications can close at any time and without prior warning.

 

• Shares are being offered at a price equal to a 1% premium to the last published cum-income Net Asset Value (NAV) per Ordinary Share prior to the close of the Placing. This is anticipated to be announced on Tuesday 18 March.

 

• The minimum application for the Retail Offer is £100.

 

• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.

 

• Hargreaves Lansdown will not receive a commission from the Issuer as part of the Offer.

 

What are my options?

 

Option 1 – Do Nothing. If you do not return an election by the deadline of 1pm Thursday 20 March,

the Offer will lapse.

 

Option 2 – You can choose to buy new Shares. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.

 

When do I have to decide by?


Any instruction to participate in the Retail Offer must be received by 1pm on Thursday 20 March. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?

 

If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 2pm on Thursday 20 March. The second will confirm how many shares you have been allocated and the price per share; this will be sent once the results have been announced on Friday 21 March.

 

You can view your application in the Pending Orders tab of your online account from midday on Friday 21 March.

 

Your new shares will be credited on Tuesday 25 March. This may be delayed in the event the company does not deliver your shares to us by this time.

 

To assist the Company during the allocation process, we may be required to disclose the number of M&G Credit Income Investment (MGCI) shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 19 March.

 

It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the M&G Credit Income Investment (MGCI) announcement.

 

If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Sell:95.20p
Buy:96.80p
Change: 2.00p (2.11%)
Market closed |  Prices as at close on 11 March 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

M&G Credit Income Investment Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Mar 2025)

What is happening?

 

M&G Credit Income Investment (MGCI) have announced their intention to raise capital via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).

 

M&G Credit Income Investment (MGCI) have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.

 

• Applications are due to close at 1pm on Thursday 20 March. Due to the nature of the fundraising, applications can close at any time and without prior warning.

 

• Shares are being offered at a price equal to a 1% premium to the last published cum-income Net Asset Value (NAV) per Ordinary Share prior to the close of the Placing. This is anticipated to be announced on Tuesday 18 March.

 

• The minimum application for the Retail Offer is £100.

 

• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.

 

• Hargreaves Lansdown will not receive a commission from the Issuer as part of the Offer.

 

What are my options?

 

Option 1 – Do Nothing. If you do not return an election by the deadline of 1pm Thursday 20 March,

the Offer will lapse.

 

Option 2 – You can choose to buy new Shares. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.

 

When do I have to decide by?


Any instruction to participate in the Retail Offer must be received by 1pm on Thursday 20 March. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?

 

If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 2pm on Thursday 20 March. The second will confirm how many shares you have been allocated and the price per share; this will be sent once the results have been announced on Friday 21 March.

 

You can view your application in the Pending Orders tab of your online account from midday on Friday 21 March.

 

Your new shares will be credited on Tuesday 25 March. This may be delayed in the event the company does not deliver your shares to us by this time.

 

To assist the Company during the allocation process, we may be required to disclose the number of M&G Credit Income Investment (MGCI) shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 19 March.

 

It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the M&G Credit Income Investment (MGCI) announcement.

 

If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
96.60p
Trade high:
97.00p
Year high:
100.00p
Estimated NAV:
94.40
Previous close:
95.00p
Trade low:
95.03p
Year low:
88.20p
Premium/Discount:
0.64%
Previous:
0.00p (0.00%) Previous:
0.00p
Volume:
389,453
Dividend yield:
8.79%
Currency:
GBX
Data delayed by at least 15 minutes.

Share chart Chart

Price

  • Net Asset Value (NAV)
M&G CREDIT INC. performance chart

The chart is based on estimated NAV but will be updated with actual NAV when available.

Premium/Discount

M&G CREDIT INC. performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 0.62% 1 year 1Y 6.59%
1 month 1M 1.46% 2 years 2Y 3.19%
3 months 3M 1.04% 3 years 3Y 2.11%
6 months 6M 1.57% 5 years 5Y 3.96%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: Sterling Overnight Index Average
Annual management charge: n/a
Performance fee: No
Ongoing charge: 1.29%
Dividend yield: 8.79%
Dividend frequency: Quarterly
Total assets: £145m
Gross gearing: 0%
Market capitalisation:Market cap.: £146m
Shares in issue: 153.85 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BFYYL325

Recent dividends paid or declared by M&G Credit Income Investment Trust plc:

Type Ex-div date Payment date Amount
4th interim 30/01/2025 21/02/2025 2.09p
3rd interim 31/10/2024 22/11/2024 2.14p
2nd interim 01/08/2024 23/08/2024 2.15p
1st interim 02/05/2024 24/05/2024 2.15p
4th interim 01/02/2024 23/02/2024 2.14p

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual M&G Credit Income Investment Trust plc dividends:

Financial
year end		 Dividend
yield		 Dividend
cover		 Total dividend
paid
31/12/2023 8.70% 0.76 7.96p
31/12/2022 5.80% 0.79 5.35p
31/12/2021 4.10% 0.67 4.04p
31/12/2020 4.70% 0.67 4.28p
31/12/2019 3.50% 0.68 3.74p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

Ready to invest?

Invest now

Want to invest?

To buy shares in , you'll need to have an account.

Explore the options

Important Documents



Objective

To generate a regular and attractive level of income with low asset value volatility by investing in diversified portfolio of public and private debt and debt-like instruments. Over the longer term, it is expected that the Company will be mainly invested in private Debt Instruments, which are those instruments not quoted on a stock exchange.

NET ASSET VALUE (NAV)

Estimated NAV: 94.40p
Latest actual NAV: 93.57p
Latest actual NAV date: 31 January 2025
Premium/Discount: 0.64%
12m average Premium/Discount: 0.14%
NAV frequency: Monthly
Security Weight
M&G Dynamic European Loan Fund 0.00%
Silverstone Master Issuer PLC 1.16% 0.00%
Brass No.6 PLC 0.85675% 0.00%
Yorkshire Building Society 3.375% 0.00%
Leeds Building Society 3.75% 0.00%
Hammerson 6% 2026 0.00%
Newriver Reit Plc 3.5% 0.00%
Kennedy Wilson Europe Real Estate PLC 3.95% 0.00%

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Key Dates

Launch date: 12 November 2018
Financial year end: December
Next AGM: June 2025

Annual & interim reports

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.