Dividend Declaration

RNS Number : 2053X

SQN Secured Income Fund PLC

18 December 2019

 

18 December 2019                                               

SQN Secured Income Fund plc

Monthly Dividend

SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to announce the fifth monthly dividend for the year ending 30 June 2020:

Dividend amount:	0.583 pence per Ordinary Share
Ex-date:	02 January 2020
Record date:	03 January 2020
Payment date:	24 January 2020

The Company has elected to designate all of the dividends for the period ended 30 November 2019 as interest distributions 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.

For further information please contact:

(http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/)

SQN Asset Management Limited Neil Roberts/Jeremiah Silkowski/Dawn Kendall	tel: [phone]
finnCap Ltd. Corporate Finance: William Marle / Giles Rolls Sales: Mark Whitfeld	tel: [phone]
Kepler Partners LLP Hugh van Cutsem	tel: [phone]
Buchanan Communications Charles Ryland/Henry Wilson	tel: [phone]

Notes to Editor

The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski, Dawn Kendall and Neil Roberts.

 

END

 

 

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