Impact Healthcare REIT plc has completed the process of increasing its level of hedging by purchasing a new £50 million interest rate cap. The cap, which caps SONIA at 4.0% for two years, was acquired at a cost of £1.76 million. With this new cap, the Group has now hedged or fixed the interest rates on 92% (£175 million) of its current drawn debt of £191 million. The weighted average cost of drawn debt is 4.66% based on SONIA of 5.4%. The Group's gross loan to value ("LTV") ratio at 30 June 2023 was 28.5%. No further debt has been drawn at the date of this announcement.