Director/PDMR Shareholding

RNS Number : 5986O

GCP Asset Backed Income Fund Ltd

02 June 2020

 

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	Joanna Dentskevich
2	Reason for the notification
a)	Position/status	Senior Independent Director
b)	Initial notification /Amendment	Initial notification
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 financial instrument, type of instrument Identification code		Ordinary shares of no par value    JE00BYXX8B08
b)	Nature of the transaction		Purchase of ordinary shares
c)	Price(s) and volume(s)		Price Volume(s) 92.2 pence per share 17,000 Shares
d)	Aggregated information - Aggregated volume - Price - Total Value		17,000 shares 92.2 pence per share £15,674
e)	Date of the transactions		1 June 2020
f)	Place of the transaction		LSE (XLON)

Following the above transaction, Joanna Dentskevich, the Senior Independent Director of the Company has a beneficial holding of 57,379 Ordinary Shares in the Company which represents 0.01% of the total voting rights of the Company.

For further information, please contact:

Gravis Capital Management Limited   [phone]

David Conlon 

Dion Di Miceli 

Investec Bank plc  [phone]

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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