SQN Secured Income Fund PLC Monthly Net Asset Value, Dividend and Fact Sheet (9968Q)
25 June 2020 - 4:00PM
UK Regulatory
TIDMSSIF
RNS Number : 9968Q
SQN Secured Income Fund PLC
25 June 2020
25 June 2020
SQN Secured Income Fund plc
Monthly Net Asset Value, Dividend and Fact Sheet
SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a
specialist secured lending income investment trust, listed in the
UK, is pleased to provide its monthly net asset value ("NAV") and
dividend update in addition to its monthly fact sheet.
Net Asset Value
The Company announces that, as at 31 May 2020, the unaudited
estimated NAV per ordinary share (cum-income) was 87.66 pence.
The NAV total return in May 2020 was 0.45%.
Dividend
The Company is pleased to announce the eleventh monthly dividend
for the year ending 30 June 2020:
Dividend amount: 0.583 pence per Ordinary Share
Ex-date: 02 July 2020
Record date: 03 July 2020
Payment date: 24 July 2020
The Company has elected to designate all of the dividends for
the period ended 31 May 2020 as interest distributions 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.
Fact Sheet
The Company announces that it has today published its monthly
fact sheet to the end of May 2020 which is available to download
from the Company's website.
( https://kkvim.com/sqn-secured-income-fund/ )
For further information please contact:
KKV Investment Management Ltd
Dawn Kendall tel: +44 20 7429 2200
Nicola Bird
Catherine Halford Riera
finnCap Ltd. tel: +44 20 7220 0500
Corporate Finance: William Marle
/ Giles Rolls
Sales: Mark Whitfeld
Kepler Partners LLP tel: +44 20 3384 8790
Hugh van Cutsem
Buchanan Communications tel: +44 20 7466 5000
Charles Ryland / Henry Wilson
Notes to Editor
The Company aims to provide shareholders with attractive
risk-adjusted returns, principally in the form of regular,
sustainable dividends, through investment predominantly in a range
of secured loans and other secured loan-based instruments
originated through a variety of channels and diversified by way of
asset class, geography and duration.
The Company's Investment Manager is KKV Investment Management
Ltd. The principal responsible for managing the portfolio is Dawn
Kendall.
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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