New £100 million financial partnership

RNS Number : 2199K
Lendinvest PLC
19 December 2022
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

LEI: 213800NWMK3O4UWP9N91

 

19 December 2022

 

LendInvest plc

 

("LendInvest" or "the Company")

 

New £100 million financial partnership

LendInvest plc (LSE: LINV), a leading technology driven asset manager for UK property finance, is pleased to announce a new £100 million financial partnership with a UK financial institution that, alongside LendInvest Capital Sarl, will support the future growth of LendInvest's development finance programme.

 

- Ends -

 

Enquiries:

 

For further information, please contact:

 

LendInvest via Tulchan Communications                                               +44 (0)20 7353 4200

Rod Lockhart, Chief Executive Officer

Michael Evans, Chief Financial Officer

Alex Dee, Head of Investor Relations

Leigh Rimmer, Head of External Communications

investorrelations@lendinvest.com

 

Panmure Gordon (NOMAD and Joint Broker)       +44 (0)20 7886 2500

Atholl Tweedie

Charles Leigh-Pemberton

 

finnCap Limited (Joint Broker)        +44 (0)20 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Tim Redfern/Alice Lane (ECM)

 

Tulchan Communications (Financial PR)      +44 (0)20 7353 4200

Tom Murray

Ed Cropley

Olivia Lucas

     

 

Important Notices

The information contained within this announcement is deemed by LendInvest to constitute inside information as stipulated under the UK Market Abuse Regulation. By the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of LendInvest is Rod Lockhart .

The information contained in this announcement is for information purposes only.  This announcement has been prepared in accordance with English law, the UK Market Abuse Regulation and the AIM Rules for Companies and information disclosed may not be the same as that which would have been prepared in accordance with the laws of jurisdictions outside England.

Subject to the requirements of the UK Market Abuse Regulation and the AIM Rules for Companies, the delivery of this announcement shall not create any implication that there has been no change in the affairs of LendInvest since the date of this announcement or that the information in this announcement is correct as at any time subsequent to its date.

Forward-looking statements

Certain statements in this announcement are forward-looking statements. In some cases, these forward looking statements can be identified by the use of forward looking terminology including the terms "anticipate", "believe", "intend", "estimate", "expect", "may", "will", "seek", "continue", "aim", "target", "projected", "plan", "goal", "achieve" and words of similar meaning or in each case, their negative, or other variations or comparable terminology. These forward looking statements reflect LendInvest's current expectations concerning future events and speak only as of the date of this announcement.  No statement in this announcement is intended as a profit forecast or estimate for any period.

 

Many factors may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results, performance or achievements of the Company to differ materially from the expectations of the Company, include, among other things, general business and economic conditions globally, industry trends, competition, changes in government and changes in regulation and policy, including in relation to the environment, health and safety and taxation, labour relations and work stoppages, interest rates and currency fluctuations, changes in its business strategy, political and economic uncertainty and other factors. Such forward-looking statements should therefore be construed in light of such factors. Neither the Company nor any of its Directors, officers or advisers provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur.

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