23 August 2017
VPC Specialty Lending Investments PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of the Company has declared an interim dividend of 1.70 pence per share for the three-month period to 30 June 2017. The dividend will be paid on 21 September 2017 to shareholders on the register as at 1 September 2017. The ex-dividend date is 31 August 2017.
The Company has elected to designate all of the interim dividend for the three-month period to 30 June 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 therefore be deducted at source from this, or from future interest distributions.
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) |
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Jefferies International Limited |
Tel: +44 20 7029 8000 |
Gary Gould |
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Andrew Morris |
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Stifel Nicolas Europe Limited |
Tel: +44 20 7710 7600 |
Neil Winward |
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Mark Bloomfield |
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Gaudi Le Roux |
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MHP (PR Adviser) |
Tel: +44 20 3128 8100 |
Mark Lunn Tim Rowntree Kelsey Traynor |
Email: vpc@mhpc.com |
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.