TIDMGABI TIDMGABC

RNS Number : 1361X

GCP Asset Backed Income Fund Ltd

29 April 2021

GCP Asset Backed Income Fund Limited

("GCP Asset Backed" or the "Company")

LEI 213800FBBZCQMP73A815

Headline: Notification of transaction by persons discharging managerial responsibilities ("PDMR")

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
    -------------------------------------------------------------------------- 
a)  Name                         Marykay Fuller 
2   Reason for the notification 
a)  Position/status              Director 
b)  Initial notification         Initial notification 
     /Amendment 
3   Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
 
a)  Name                         GCP Asset Backed Income Fund Limited 
b)  LEI                          213800FBBZCQMP73A815 
                                 --------------------------------------------- 
4   Details of the transaction(s): section to be repeated for 
     (i) each type of instrument; (ii) each type of transaction; 
     (iii) each date; and (iv) each place where transactions have 
     been conducted 
a)  Description of the          Ordinary shares of no par value 
     financial instrument,       JE00BYXX8B08 
     type of instrument 
     Identification code 
b)  Nature of the transaction  Purchase of ordinary shares 
c)  Price(s) and volume(s)                     Price           Volume(s) 
                                 9 April 2021   94.2 pence per  500 Shares 
                                                 share 
                                 12 April 2021  94 pence per    1,500 Shares 
                                                 share 
                                 15 April 2021  96.8 pence per  4,500 Shares 
                                                 share 
                                 15 April 2021  97 pence per    5,000 Shares 
                                                 share 
                                 16 April 2021  96.2 pence per  3,450 Shares 
                                                 share 
                                 21 April 2021  97.6 pence per  511 Shares 
                                                 share 
                                 28 April 2021  98.6 pence per  4,189 Shares 
                                                 share 
d)  Aggregated information      See 4 c) above 
     - Aggregated volume 
     - Price 
e)  Date of the transactions    See 4 c) above 
 
f)  Place of the transaction    LSE (XLON)

Following the above transaction, Marykay Fuller, a Director of the Company has a beneficial holding of 19,650 Ordinary Shares in the Company which represents 0.004% of the total voting rights of the Company.

For further information, please contact:

Gravis Capital Management Limited +44 (0) 20 3405 8500

David Conlon

Joanne Fisk

Investec Bank plc +44 (0) 20 7597 4000

Helen Goldsmith

Denis Flanagan

Neil Brierley

Notes to Editors

The Company

The Company is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.

The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.

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END

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April 29, 2021 12:42 ET (16:42 GMT)

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