TIDMRDL

RNS Number : 4699S

RDL Realisation PLC

06 November 2019

November 6, 2019

RDL Realisation Plc

("RDL" or the "Company")

Portfolio Update

The Company today provides the following update on its investment portfolio as of 30 September 2019. All figures are unaudited and based on management accounts.

The table below is an unaudited summary of the Company's investment portfolio and cash position as of 30 September 2019:

 
                                                  30/ 9/ 2019                   31/8/2019 
    Platform                                    (USD million)               (USD million) 
   SME/CRE Loans Platform                               $21.1                       $22.9 
   Vehicle Services Contract Platform                    $0.2                        $0.2 
   Real Estate Loans Platform                           $11.7                       $11.7 
   Princeton                                            $15.0                       $15.0 
   International SME Lending Platform                    $2.7                        $3.9 
   Equipment Loans Platform                              $0.4                        $0.4 
   Invoice Factoring Platform                            $0.0                        $0.0 
   Consumer Loans Platform                               $0.0                        $0.0 
   Third SME Loans Platform                              $0.0                        $0.0 
   Portfolio Total                                      $51.1                       $54.1 
    Cash held by RDL                                    $11.4                        $8.0 
    Grand Total                                         $62.5                       $62.1

Significant events during September 2019:

In September, the Company received a USD $2.5 million payment on an account in the International SME Lending Platform which includes a substantial bad debt recovery.

Significant Events since 30 September 2019:

In November, we received USD $350,000 payment to settle an International SME Lending Platform debt in full.

For further information, please contact:

   Link Company Matters Limited Secretary                                           +44 (0)1392 477571

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.

END

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November 06, 2019 05:07 ET (10:07 GMT)

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