Monthly NAV and Dividend Update

RNS Number : 6529F

SQN Asset Finance Income Fund Ltd

24 February 2015

 



24 February 2015               

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value, Dividend and Interim Results Update

Net Asset Value

SQN Asset Finance Income Fund Limited (the "Company"), the only diversified equipment leasing fund listed in the UK, is pleased to provide its monthly Net Asset Value ("NAV").

As at 31 January 2015, the Company's unaudited, estimated NAV was 99.28 pence per share (cum-income).   This includes the 0.92 pence per share dividend announced on 22 January 2015 that went ex-dividend on 5 February 2015 and is due to be paid on 26 February 2015. On a pro-forma basis, the unaudited estimated NAV, adjusted for the payment of the dividend, is 98.36 pence per share.

Dividend

The Company is pleased to announce a dividend of 0.30 pence per share for the month ended 31 January 2015. The dividend will be payable on 19 March 2015 to holders of ordinary shares on the register on 6 March 2015, in line with the Company's dividend objective. The ex-dividend date is 5 March 2015.

Interim Results

It is anticipated that the company will announce Interim Results for the period to 31 December 2014 on or around 25 February 2015.

For further information please contact:

SQN Capital Management, LLC Jeremiah Silkowski Neil Roberts	01932 575 888
Winterflood Securities Limited	020 3100 0000
Joe Winkley Neil Langford
Buchanan Charles Ryland Sophie McNulty Jason Day	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

The Company's Investment Manager is SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission. The principals responsible for managing the portfolio are Jeremiah Silkowski and Neil Roberts.

 

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