Dividend Declaration

RNS Number : 3665H
VPC Specialty Lending Invest. PLC
17 August 2016
 

17 August 2016

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION AND UPDATE

The Board of Directors of the Company has declared an interim dividend of 1.50 pence per share for the three-month period to 30 June 2016, including 0.50p contributed from the Company's other distributable reserves.  The dividend will be paid on 20 September 2016 to shareholders on the register as at 26 August 2016. The ex-dividend date is 25 August 2016.

The Company has elected to designate all of the interim dividend for the period to 30 June 2016 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.  Investors who are eligible to receive the distribution without deduction of UK tax should complete the Declaration of Eligibility Form, which can be found on the Company's website (http://vpcspecialtylending.com/vpc-pdf/gross-interest-distributions-declaration-of-eligibility-form/) and promptly return the form to Capita Asset Services at the address detailed in the form. The form must be received no later than 24 August 2016 to be eligible for this dividend.

 

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


Alex Collins




Stifel Nicolas Europe Limited

Tel: +44 20 7710 7600

Neil Winward


Mark Bloomfield


Gaudi Le Roux




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 $4.5 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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