Cancellation of Share Premium Account

RNS Number : 7809Z

VPC Specialty Lending Invest. PLC

22 September 2015

 

22 September 2015

VPC Specialty Lending Investments PLC

Cancellation of share premium account

VPC Specialty Lending Investments plc (the "Company") is pleased to announce that on 17 September 2015 the High Court of Justice Chancery Division approved the cancellation of the amount standing to the credit of the share premium account of the Company. The Court Order approving the cancellation was registered with the Registrar of Companies on 17 September 2015.

This follows the approval by special resolution at a general meeting held on 19 February 2015 to facilitate the cancellation of the Company's share premium account through the Court following admission of the Company's shares to listing on 17 March 2015.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Capita Company Secretarial Services
Secretary Tel: [phone]

NOTES:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of dividend income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily US and Europe) and credit bands.

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $3.7 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K. and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

Further information on VPC Specialty Lending Investments PLC is available at www.vpcspecialtylending.com.

 

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