Dividend Declaration

RNS Number : 3116D

SME Loan Fund PLC (The)

25 April 2017

 

The SME Loan Fund plc (the "Company")

Dividend Declaration

25 April 2017

The Directors of the Company today announce the tenth monthly dividend for the period from the Company's Admission on 23 September 2015 to 30 June 2016:

Dividend amount:	0.676p per Ordinary Share
Ex-date:	04 May 2017
Record date:	05 May 2017
Payment date:	26 May 2017

In aggregate, the Company has declared dividends of 5.626p per Ordinary Share for the period from the Company's Admission on 23 September 2015 to 30 June 2016.

As stated in the Company's Prospectus, the Company has elected to designate all of the dividend for the period ended 30 June 2016 as an interest distribution 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.

With effect from 6 April 2017, interest distributions will be paid to all shareholders without deduction of UK tax.

Enquiries to:
Elysium Fund Management Limited [e-mail]	tel: [phone]
SQN Asset Management Limited	tel: [phone]
Amberton Asset Management Limited Graham Glass [e-mail]	tel: [phone]
Cantor Fitzgerald Europe Sue Inglis	tel: [phone]
www.thesmeloanfund.com

 

END

 

 

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