Dividend Declaration

RNS Number : 9068V
VPC Specialty Lending Invest. PLC
13 August 2015
 

13 August 2015

VPC Specialty Lending Investments PLC

Dividend Declaration

The Board of Directors (the "Board") of VPC Specialty Lending Investments PLC (the "Company") (ticker: VSL) is pleased to announce that the Company has declared its first interim dividend of 0.9 pence per share for the period to 30 June 2015.

 

The dividend will be paid on 3 September 2015 to shareholders on the register as of 21 August 2015. The ex-dividend date is 20 August 2015.

 

The Company has elected to designate all of the interim dividend for the period to 30 June 2015 as an interest distribution 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.

 

Investors who are eligible to receive the distribution without deduction of UK tax should complete the Declaration of Eligibility Form which can be found on the Company's website: http://vpcspecialtylending.com/vpc-pdf/gross-interest-distributions-declaration-of-eligibility-form/    and return the forms to Capita Asset Services, at the address detailed in the form, promptly.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Capita Company Secretarial Services


Secretary

Tel: +44 (0)20 7954 9576


 

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 $3.5 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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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