Holdings in Company and Total Voting Rights
9 August 2018
RM Secured Direct Lending Plc
("RMDL" or the "Company")
LEI: 213800RBRIYICC2QC958
Holdings in the Company and TVR
Investment Manager's Holding
RMDL, an investment trust specialising in secured debt investments, announces that RM Capital Markets Limited (the "Investment Manager") acquired 48,798 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at 101.50 pence per share on 8 August 2018.
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. Under the Investment Manager agreement, any Ordinary Shares purchased in connection with such reinvestment are subject to a lock-in period of 12 months from the date of purchase. Therefore, with the agreement of the Board, 67,698 ordinary shares which were acquired by the Investment Manager prior to 8 August 2017, now being eligible for sale, have been netted off against the 116,496 ordinary shares which would have otherwise been acquired on 8 August 2018.
Following the purchase, the Investment Manager's total holding of Ordinary Shares is 822,621.
Total Voting Rights
At the date of this announcement (and following the conversion of the Company's C Shares of £0.10 each in July 2018) the issued share capital of the Company consists of 98,724,581 Ordinary Shares, with each share carrying one voting right. The Company does not hold any Ordinary Shares in Treasury.
Therefore, the total number of voting rights in the Company is 98,724,581 (the 'Figure').
The Figure 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.
For further information, please contact:
RM Capital Markets Limited - Investment Manager
James Robson
Pietro Nicholls
Tel: 0131 603 7060
Nplus1 Singer Advisory LLP - Sponsor, Financial Adviser and Broker
James Maxwell
Lauren Kettle
Tel: 020 7496 3000
Tulchan Group - Financial PR
James Macey White
Elizabeth Snow
Tel: 0207 353 4200
International Fund Management - AIFM
Chris Hickling
Shaun Robert
Tel: 01481 737600
PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary
Anthony Lee
Ciara McKillop
Tel: 020 7653 9690
About RM Secured Direct Lending
RM Secured Direct Lending Plc is a closed-ended investment trust established to invest in a portfolio of bespoke, higher-yielding 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://rmdl.co.uk/investor-centre/
About RM Funds
RM Funds is a trading name of RM Capital Markets Limited ("RM"). RM is the Investment Manager to RM Secured Direct Lending PLC. RM specialises in alternative credit fund management, sales & trading, foreign exchange, and capital markets and advisory. Founded in 2010, with offices in Edinburgh, and London, it has transacted in excess of £50 billion of bonds and loans since its inception, and advised or originated, structured and managed the due diligence process for over £1 billion of Sterling credit transactions and approximately €700 million of Euro based transactions in each case since 2012.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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