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KKV Secured Loan Fd (KKVL)

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Friday 09 April, 2021

KKV Secured Loan Fd

Return of Capital

RNS Number : 0271V
KKV Secured Loan Fund Limited
09 April 2021
 

9 April 2021

KKV Secured Loan Fund Limited

 ("the Company")

LEI: 2138007S3YRY3IUU4W39

RETURN OF CAPITAL

 

The Board of Directors of KKV Secured Loan Fund Limited (the "Company") is pleased to announce that it has resolved to return an amount of 5.5 pence per share to Ordinary Shareholders, being £19.6m based on the current number of shares in issue, and to return an amount of 6 pence per share to C Shareholders, being £8,335,453 (the "Distributions").

 

This return of capital will be effected by way of an issue of redeemable B and D shares to existing shareholders pro rate to their shareholding on the record date set out below and the subsequent redemption of those shares.

 

It is expected that the timetable for the return of capital will be as follows:

 

Wednesday 21 April 2021

Ex-Date



Thursday 22 April 2021

record date for shareholders on the register to receive B or D shares



Friday 23 April 2021

B shares issued pro-rata to Ordinary shareholders on the register as at the record date

D shares issued pro-rate to C Share Class Shareholders on the register as at the record date



Friday 23 April 2021

B shares redeemed and cancelled

D shares redeemed and cancelled



Friday 30 April 2021

cheques in relation to the redemption payment sent to shareholders that hold their shares in certificated form



Friday 30 April 2021

redemption payment made through CREST to shareholders who hold their shares in uncertificated form



Tuesday 4 May 2021  

payment date for CREST and certificated shareholders.

 

All redemption payments will be paid gross of tax.

 

 

 

For further information please contact: 

KKV Secured Loan Fund Limited

 

Brett Miller via the Company Secretary

KKV Investment Management Ltd

Catherine Halford Riera

Dawn Kendall

 

 

020 7429 2200

07824 789142

 

BNP Paribas Securities Services S.C.A., Guernsey Branch

Company Secretary

 

01481 750 853

 

Winterflood Securities Limited

Neil Langford

Chris Mills

020 3100 0000

 

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