Monthly NAV and Dividend

RNS Number : 1338P

SQN Asset Finance Income Fund Ltd

15 November 2016

 

15 November 2016

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value and Dividend

Net Asset Value

SQN Asset Finance Income Fund Limited (the "Company"), the only diversified equipment leasing fund listed in the UK, is pleased to provide its monthly net asset value ("NAV") update.

Ordinary Shares

As at 31 October 2016, the unaudited estimated NAV per ordinary share (cum-income) was 99.15 pence. This includes the 0.6042 pence per ordinary share dividend announced on 21 October 2016 that went ex-dividend on 3 November 2016 and will be paid on 21 November 2016. On a pro-forma basis, the unaudited estimated NAV per ordinary share, adjusted for the payment of this dividend to holders of ordinary shares, is 98.54 pence.

Dividend

Ordinary Shares

The Company is pleased to announce a dividend of 0.6042 pence per ordinary share for the month ended 31 October 2016. The dividend will be payable on 19 December 2016 to holders of ordinary shares on the register on 2 December 2016. The ex-dividend date is 1 December 2016.

For further information please contact:

SQN Capital Management, LLC Jeremiah Silkowski Neil Roberts	01932 575 888
Winterflood Securities Limited	020 3100 0000
Neil Langford Chris Mills
Buchanan Charles Ryland Victoria Hayns	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

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 Capital Management (UK) Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski and Neil Roberts.

 

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