Fourth Capital Distribution Update

GCP Asset Backed Income Fund Ltd

03 August 2026

 

GCP Asset Backed Income Fund Limited

("GABI" or the "Company")

LEI: 213800FBBZCQMP73A815

Fourth Capital Distribution Update

3 August 2026

The Board announces that in connection with the Fourth Compulsory Redemption announced on 22 July 2026, the Company has compulsory redeemed as at close of business on 31 July 2026 (the "Redemption Date") on a pro rate basis 65,560,523 ordinary shares at a price of 68.63875 pence per share, which was approximately 38.14% of the Company's ordinary shares in issue.

Fractions of ordinary shares produced by the applicable redemption ratio have not been redeemed and therefore the number of shares redeemed in respect of each shareholder has been rounded down to the nearest whole number of shares.

Payments of redemption monies are expected to be effected either through CREST (in the case of ordinary shares held in uncertificated form) or by cheque (in the case of ordinary shares held in certificated form) by 14 August 2026. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 14 August 2026.

Following the redemption, the Company has 106,342,581 ordinary shares in issue. Therefore, the total number of voting rights is 106,342,581 and may be used by shareholders as the denominator for determining 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.

The new ISIN, JE00BVMWGC49 (the "New ISIN"), in respect of the remaining shares which have not been redeemed, has been enabled and is available for transactions from 8.00 a.m. on 3 August 2026. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.

For further information, please contact:

GCP Asset Backed Income Fund Limited Alex Ohlsson, Chairman	[phone]
Barclays Bank PLC Dion Di Miceli James Atkinson	[phone]
Gravis Capital Management Limited Philip Kent Cameron Gardener Anthony Curl	[phone]
Burson Buchanan Helen Tarbet Henry Wilson Nick Croysdill	[phone]

Notes to the Editor

About GABI

GCP Asset Backed Income Fund Limited is a closed ended investment company. Its shares are traded on the Main Market of the London Stock Exchange. Its investment objective is to undertake a managed wind-down of the Company and realise all existing assets in the Company's portfolio in an orderly manner.

The Company's portfolio comprises a diversified portfolio of predominantly UK based asset backed loans which are secured against contracted, predictable medium to long term cash flows and/or physical assets.

 

END