Monthly Net Asset Value and Dividend

RNS Number : 4744B

SQN Asset Finance Income Fund Ltd

21 September 2018

 

21 September 2018

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value and Dividend

Net Asset Value

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

As at 31 August 2018, the unaudited estimated NAV per ordinary share was 97.18 pence (see below)*

As at 31 August 2018, the unaudited estimated NAV per C share was 97.76 pence (see below).* 

Dividends

The Company is pleased to announce a dividend of 0.6042 pence per ordinary share for the month ended 31 August 2018, reflecting an annualised dividend of 7.25 pence per share. The dividend will be payable on 17 October 2018 to holders of ordinary shares on the register on 4 October 2018. The ex-dividend date is 3 October 2018.

The Company is also pleased to announce a dividend on the C Share of 0.6042 pence per C share for the month ended 31 August 2018, reflecting the first payment of the full annualised dividend of 7.25 pence per share. The dividend will be payable on 17 October 2018 to holders of C shares on the register on 4 October 2018. The ex-dividend date is 3 October 2018.

*NAV Footnote

The Ordinary Share NAV is net of the 0.6042 pence per ordinary share dividend announced on 21 August 2018 that went ex-dividend on 30 August 2018 and was paid on 17 September 2018.

The C Share NAV is net of the 0.4167 pence per C share dividend announced on 21 August 2018 that went ex-dividend on 30 August 2018 and was paid on 17 September 2018.

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 Henry Wilson	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 Neil Roberts and Jeremiah Silkowski.

 

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