Dividend Declaration

RNS Number : 7853X

RM Secured Direct Lending PLC

01 May 2019

 

1 May 2019

RM Secured Direct Lending Plc

("RMDL" or the "Company")

LEI: 213800RBRIYICC2QC958

Dividend Declaration

The Directors of the Company, an investment trust specialising in secured debt investments, have declared an interim dividend of 1.625 pence per ordinary share and an additional special dividend of 0.375 pence per ordinary share in respect of the period from 1 January 2019 to 31 March 2019. Therefore, the total dividend payable in respect of the period will be 2.0 pence per ordinary share. The additional dividend of 0.375 pence per ordinary share has been declared as a special dividend following portfolio outperformance arising from the early repayment of loans in Q1 2019 and associated prepayment penalties.

Ex-Dividend Date - 6 June 2019

Record Date - 7 June 2019

Payment Date - 28 June 2019

The Company has elected to designate the above interim and special dividends as interest distributions to its ordinary shareholders.

END

For further information, please contact:

RM Funds - Investment Manager James Robson Pietro Nicholls	0131 603 7060
N+1 Singer Advisory LLP - Financial Adviser and Broker James Maxwell Lauren Kettle	020 7496 3000
Tulchan Communications LLP - Financial PR Elizabeth Snow Deborah Roney	0207 353 4200 [e-mail]
PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary Anthony Lee Ciara McKillop	020 7653 9690

About RM Secured Direct Lending

RM Secured Direct Lending Plc is a closed-ended investment trust established to invest in a portfolio of secured debt instruments. The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

About RM Capital Markets Limited

RM Funds is a trading name of RM Capital Markets Limited, the Investment Manager to RM Secured Direct Lending PLC and VT RM Alternative Income Fund. RM Capital is a specialist in alternative fund management, sales & trading, foreign exchange, and capital markets and advisory. Founded in 2010, with offices in Edinburgh, and London, it has transacted in excess of £50 billion of bonds and loans since its inception, and advised or originated, structured and managed the due diligence process for over £1 billion of Sterling credit transactions and approximately €700 million of Euro based transactions in each case since 2012.

 

END

 

 

DIVABMJTMBAMBIL