Dividend Declaration

RNS Number : 1618G

VPC Specialty Lending Invest. PLC

24 May 2017

 

24 May 2017

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of the Company has declared an interim dividend of 1.50 pence per share for the three-month period to 31 March 2017. The dividend will be paid on 22 June 2017 to shareholders on the register as at 2 June 2017. The ex-dividend date is 1 June 2017.

The Company has elected to designate all of the interim dividend for the period to 31 March 2017 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.  

No income tax will be deducted at source from the interest distribution paid on 22 June 2017, or from future interest distributions, on the basis of the legislation contained within the UK Finance Bill 2017, which took legislative effect from 25 April 2017.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Victory Park Capital Cormac Leech (Principal, Investment Manager) Brendan Carroll (Senior Partner and Co-Founder) Gordon Watson (Partner, Investment Manager)	via MHP (below)
Jefferies International Limited	Tel: [phone]
Gary Gould
Andrew Morris
Stifel Nicolas Europe Limited	Tel: [phone]
Neil Winward
Mark Bloomfield
Gaudi Le Roux
MHP (PR Adviser)	Tel: [phone]
Mark Lunn Tim Rowntree Kelsey Traynor	Email: [e-mail]

About VPC Specialty Lending Investments PLC:

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 distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia 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 $5.2 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia 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: http://vpcspecialtylending.com.

 

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