Director/PDMR Shareholding

RNS Number : 1361X

GCP Asset Backed Income Fund Ltd

29 April 2021

 

GCP Asset Backed Income Fund Limited

("GCP Asset Backed" or the "Company")

LEI 213800FBBZCQMP73A815

Headline: Notification of transaction by persons discharging managerial responsibilities ("PDMR")

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Marykay Fuller
2	Reason for the notification
a)	Position/status		Director
b)	Initial notification /Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		GCP Asset Backed Income Fund Limited
b)	LEI		213800FBBZCQMP73A815
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of no par value    JE00BYXX8B08
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price Volume(s) 9 April 2021 94.2 pence per share 500 Shares 12 April 2021 94 pence per share 1,500 Shares 15 April 2021 96.8 pence per share 4,500 Shares 15 April 2021 97 pence per share 5,000 Shares 16 April 2021 96.2 pence per share 3,450 Shares 21 April 2021 97.6 pence per share 511 Shares 28 April 2021 98.6 pence per share 4,189 Shares
d)	Aggregated information - Aggregated volume - Price	See 4 c) above
e)	Date of the transactions	See 4 c) above
f)	Place of the transaction	LSE (XLON)

Following the above transaction, Marykay Fuller, a Director of the Company has a beneficial holding of 19,650 Ordinary Shares in the Company which represents 0.004% of the total voting rights of the Company.

For further information, please contact:

Gravis Capital Management Limited   [phone]

David Conlon 

Joanne Fisk 

Investec Bank plc  [phone]

Helen Goldsmith 

Denis Flanagan 

Neil Brierley 

Notes to Editors

The Company

The Company is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.

The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.

 

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