Ceiba Investments Limited: management transactions · United Kingdom · RNS (LSE)

About Ceiba Investments Limited

CEIBA Investments Limited is a closed-ended investment company incorporated in Guernsey and listed on the Specialist Fund Segment of the Main Market of the London Stock Exchange (FTSE 100/250/AIM) under the ticker CBA. Although the company is incorporated in Guernsey, it is a UK-listed investment name for market purposes, and its disclosures are issued through the London Stock Exchange’s RNS framework. CEIBA was incorporated on 10 October 1995 and admitted to the London market on 22 October 2018. Its registered office is at Les Echelons Court, St. Peter Port, Guernsey. ([ceibainvest.com](https://ceibainvest.com/about-us)) The group’s business model is highly focused. Through its principal wholly owned subsidiary, CEIBA Property Corporation Limited (CPC), CEIBA invests indirectly in Cuban real estate and related assets by taking stakes in Cuban joint ventures and other entities that own or control the underlying properties. In addition to property equity exposure, the company also arranges, manages and invests in financing instruments granted to Cuban borrowers. The portfolio is concentrated mainly in two revenue-generating real-estate segments in Cuba: commercial properties and hotel properties. ([ceibainvest.com](https://ceibainvest.com/about-us)) From a governance standpoint, CEIBA is a self-managed investment company overseen by a board of non-executive directors, with investment management and administration outsourced to third-party providers. That structure is typical of a specialist investment vehicle and implies a relatively lean operating model, with no traditional in-house operating business and no material employee base. For investors, the key analytical focus is therefore the quality of the underlying Cuban asset exposure, the financing structure, and the company’s ability to preserve value through a complex operating environment. ([rns-pdf.londonstockexchange.com](https://www.rns-pdf.londonstockexchange.com/rns/6819G_1-2025-4-29.pdf)) In competitive terms, CEIBA occupies a unique niche. It is one of the few listed vehicles with a dedicated exposure to Cuba, making it structurally different from mainstream UK property companies or diversified emerging-market funds. That specialization can support differentiated upside if the operating backdrop improves, but it also creates substantial concentration risk across geography, politics, sanctions sensitivity and refinancing. In other words, CEIBA is best viewed as a thematic, high-conviction real-estate and credit exposure rather than a broad diversified real-estate platform. ([ceibainvest.com](https://ceibainvest.com/about-us)) Recent developments have focused on reporting and capital structure. On 30 April 2026, the company published its Annual Financial Report for the year ended 31 December 2025 and confirmed that its AGM will be held on 24 June 2026 in St Peter Port, Guernsey. A prior company report also highlighted a significant amendment to the terms of the €25 million convertible bond: in February 2025, CEIBA announced that principal would be repaid in five equal annual instalments beginning in June 2025, with the coupon stepping up after March 2026. For equity investors, this remains an important issue because it affects cash-flow visibility, leverage and refinancing risk. ([lse.co.uk](https://www.lse.co.uk/rns/annual-financial-report-w47yaphu82fa95j.html))