Sale of AD Plant Assets

RNS Number : 1867T
KKV Secured Loan Fund Limited
23 March 2021
 

 

23 March 2021

 

KKV Secured Loan Fund Limited

("KKVL" or the "Company")

 

LEI: 2138007S3YRY3IUU4W39

 

Sale of AD Plant Assets

KKVL are pleased to announce the first disposal of an anaerobic digestion plant since KKV Investment Management commenced management of the portfolio.  The investment originally formed part of the portfolio of the Ordinary Share Class of the Company.

The Company's interests have been sold for a consideration of £2.9m.  For ease of reference, this loan was marked as Borrower 13 in the June 2020 Report and Accounts with a carrying value as at 30 June 2020 of £3.05m.

 

The Directors intend to convene a board meeting in the near future to consider a further return of capital.

 

 

For further information please contact: 

 

KKV Secured Loan Fund Limited

 

Brett Miller via the Company Secretary

KKV Investment Management Ltd

Catherine Halford Riera

 

 

Investor.communications@kkvim.com

 

BNP Paribas Securities Services S.C.A., Guernsey Branch

Company Secretary

 

01481 750 853

 

Winterflood Securities Limited

Neil Langford

Chris Mills

020 3100 0000

 

 

 

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