TIDMSMEF

RNS Number : 5093A

SME Loan Fund PLC (The)

24 March 2017

The SME Loan Fund plc (the "Company")

Dividend Declaration

24 March 2017

The Directors of the Company today announce the eighth monthly dividend for the year ending 30 June 2017:

 
 Dividend       0.60p per Ordinary 
  amount:        Share 
 Ex-date:       06 April 2017 
 Record date:   07 April 2017 
 Payment        28 April 2017 
  date: 
 

In aggregate, the Company has declared dividends of 4.80p per Ordinary Share for the period from 01 July 2016 to 28 February 2017.

As stated in the Company's Prospectus, the Company has elected to designate all of the dividend for the period ended 28 February 2017 as an interest distribution to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

With effect from 6 April 2017, interest distributions will be paid to all shareholders without deduction of UK tax.

 
 Enquiries to: 
 Elysium Fund Management        tel: +44 1481 810 100 
  Limited 
  elysium@elysiumfundman.com 
 Amberton Asset Management      tel: +44 1481 708 240 
  Limited 
  Graham Glass 
  graham.glass@ambertonam.com 
 Cantor Fitzgerald Europe       tel: +44 20 7894 8016 
  Sue Inglis 
 www.thesmeloanfund.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DIVJIMITMBATBJR

(END) Dow Jones Newswires

March 24, 2017 10:54 ET (14:54 GMT)

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