Dividend Declaration

By

Regulatory News | 13 Jun, 2024

Updated : 07:01

RNS Number : 2270S
VPC Specialty Lending Invest. PLC
13 June 2024
 

13 June 2024

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of the Company has declared an interim dividend of 1.89 pence per share for the three-month period to 31 March 2024. The dividend will be paid on 18 July 2024 to shareholders on the register as at 21 June 2024. The ex-dividend date is 20 June 2024.

 

The dividend declared of 1.89p represents a 2.00p equivalent dividend adjusted to reflect the reduction to NAV as a consequence to the B-Shares issued to shareholders on 19 April 2024 and redeemed on 25 April 2024.

 

The Company has elected to designate all of the interim dividend for the three-month period to 31 March 2024 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.

 

Enquiries

For further information, please contact:

 

Victory Park Capital

Gordon Watson

Sora Monachino

via Jefferies or Winterflood (below) info@vpcspecialtylending.com



Jefferies International Limited

Tel: +44 20 7029 8000

Stuart Klein


Gaudi le Roux




Winterflood Securities Limited

Tel: +44 20 3100 0000

Joe Winkley


Neil Morgan

 

Montfort Communications

Matthew Jervois

Gay Collins

 

 

 

Tel: +44 (0)7717 857736 / +44 (0)7798 626282

vpc@montfort.london

 


Link Company Matters Limited (Company Secretary)

Tel: +44 20 7954 9567

Email: VPC@linkgroup.co.uk



 

About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on realising the Company's investments in an orderly manner, that is, with a view to achieving a balance between returning cash to Shareholders promptly and maximising value. The Company is focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. Asset backed lending affords various structural protections and covenants which are designed to limit downside risk while providing shareholders with strong income returns.

 

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

 

LEI: 549300UPEXC5DQB81P34

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