Holdings in the Company & TVR

RNS Number : 7921C

RM Secured Direct Lending PLC

20 April 2017

 

20 April 2017

RM Secured Direct Lending Plc

("RMDL" or the "Company")

Holdings in the Company/ TVR

Investment Manager's Holding

RMDL, an investment trust specialising in secured debt investments, announces that RM Capital Markets Limited (the "Investment Manager") acquired 35,026 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at 102 pence per share on 19 April 2017. This purchase was made pursuant to the Investment Manager's commitment to invest 50 per cent. of its management fee, on a quarterly basis, in Ordinary Shares.

Following the purchase, the Investment Manager's total holding of Ordinary Shares is 535,027.

Key personnel of the Investment Manager hold 352,074 in aggregate.

Directors' Holding

Each of the Directors, Norman Crighton, Marlene Wood* and Guy Heald hold 20,000 Ordinary Shares in the Company respectively, in each case representing 0.04% of the Company's issued shared capital.

Total Voting Rights

At the date of this announcement, the Company's total issued share capital consists of 50,300,000 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury.

The above figure of 50,300,000 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

* Marlene Wood's holding was stated incorrectly in the Prospectus, dated 24 November, as 15,000 Ordinary Shares.

For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

Tel: [phone]

Nplus1 Singer Advisory LLP - Financial Adviser and Broker

Gillian Martin

James Hopton

Tel: [phone]

Bell Pottinger - Financial PR

Elizabeth Snow

Nick Lambert

Tel: [phone]

International Fund Management - AIFM

Chris Hickling                                                               

Tel: [phone]

Praxis IFM Fund Services (UK) Limited - Administrator and Company Secretary

Anthony Lee

Adam Smith

Tel: [phone]

About RM Secured Direct Lending

RM Secured Direct Lending Plc ("RMDL" or the "Company") is a closed-ended investment trust established to invest in a portfolio of secured debt instruments.

The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

For more information, please see https://rm-funds.co.uk/rmdl/investor-relations/ 

 

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