VPC Specialty Lending Invest. PLC Dividend Declaration (6380W)
16 November 2017 - 6:01PM
UK Regulatory
TIDMVSL
RNS Number : 6380W
VPC Specialty Lending Invest. PLC
16 November 2017
16 November 2017
VPC Specialty Lending Investments PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of the Company has declared an interim
dividend of 1.80 pence per share for the three-month period to 30
September 2017, which is an increase from the Q1 and Q2 dividends
of 1.50 and 1.70 pence per share, respectively. The dividend will
be paid on 14 December 2017 to shareholders on the register as at
24 November 2017. The ex-dividend date is 23 November 2017.
The Company has elected to designate all of the interim dividend
for the three-month period to 30 September 2017 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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Victory Park Capital
Brendan Carroll (Senior Partner via MHP (below)
and Co-Founder)
Gordon Watson (Partner, Investment
Manager)
Jefferies International Limited Tel: +44 20 7029 8000
Gary Gould
Andrew Morris
MHP (PR Adviser) Tel: +44 20 3128 8100
Mark Lunn Email: vpc@mhpc.com
Tim Rowntree
Kelsey Traynor
About VPC Specialty Lending Investments PLC:
VPC Specialty Lending Investments PLC invests in opportunities
within the specialty lending market primarily through online
lending platforms. The Company intends to generate an attractive
total return for shareholders consisting of distributable income
and capital growth via investments in a diverse portfolio of
various platforms, asset classes, geographies (primarily U.S.,
U.K., Australia and Europe) and credit bands.
Since 2010, the Company's investment manager, Victory Park
Capital, has been actively involved in the specialty lending
marketplace and has made more than $5.2 billion of investments and
commitments across a number of financial technology platforms,
multiple geographies (U.S., U.K., Australia and Europe), products
(consumer and business) and structures (whole loans and senior
credit facilities).
Further information on VPC Specialty Lending Investments PLC is
available at: http://vpcspecialtylending.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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