Company Announcements

RNS Number : 6380W
VPC Specialty Lending Invest. PLC
16 November 2017
 

16 November 2017

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of the Company has declared an interim dividend of 1.80 pence per share for the three-month period to 30 September 2017, which is an increase from the Q1 and Q2 dividends of 1.50 and 1.70 pence per share, respectively. The dividend will be paid on 14 December 2017 to shareholders on the register as at 24 November 2017. The ex-dividend date is 23 November 2017.

 

The Company has elected to designate all of the interim dividend for the three-month period to 30 September 2017 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.  No income tax will therefore be deducted at source from this, or from future interest distributions.

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner, Investment Manager)

 

via MHP (below)

 

 

Jefferies International Limited

Tel: +44 20 7029 8000

Gary Gould

 

Andrew Morris

 

 

 

MHP (PR Adviser)

Tel: +44 20 3128 8100

Mark Lunn

Tim Rowntree

Kelsey Traynor

Email: vpc@mhpc.com

 

About VPC Specialty Lending Investments PLC:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia and Europe) and credit bands.

 

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $5.2 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

 

Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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