Director Responsibilities

RNS Number : 4601K

VPC Specialty Lending Invest. PLC

14 December 2018

 

14 December 2018

VPC Specialty Lending Investments PLC

(the "Company")

DIRECTOR RESPONSIBILITIES

The Board of Directors of the Company announces that Andrew Adcock will temporarily step down as Chairman of the Board with immediate effect due to health reasons. Mr. Adcock will remain on the Board of the Company.

Kevin Ingram will become the interim Chairman of the Board and Clive Peggram will stand in for Mr. Ingram and become interim Chairman of the Audit and Valuation Committee whilst Andrew recuperates.

Mr. Ingram commented:

"The Board wish Andrew all the best for a speedy recovery and look forward to his return as Chairman of the Board in due course."

FOR FURTHER INFORMATION, PLEASE CONTACT:

Victory Park Capital Brendan Carroll (Senior Partner and Co-Founder) Gordon Watson (Partner, Investment Manager)	via MHP (below)
Jefferies International Limited	Tel: [phone]
Gary Gould
James Hopton
MHP (PR Adviser)	Tel: [phone]
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 $6.5 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.

LEI: 549300UPEXC5DQB81P34

 

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