Vector Capital Share News (VCAP)

Vector Capital reports robust year-end financial position

(Sharecast News) - Commercial lender Vector Capital reported continued growth in shareholders' equity while maintaining dividends and implementing prudent bad debt provision policies in its full-year results on Friday.

Vector Capital keeps dividend despite fall in revenue and profit

(Alliance News) - Vector Capital PLC on Friday kept its annual dividend unchanged, despite drop-off in profit and revenue.

TRADING UPDATES: Gaming Realms expects to report annual revenue boost

(Alliance News) - The following is a round-up of trading updates for London-listed companies, issued on Monday and not separately reported by Alliance News:

Vector Capital describes 'resilient' full-year performance

(Sharecast News) - Commercial property development and investment lender Vector Capital said in an update on Monday that, despite challenging market conditions in the UK characterised by high interest rates and subdued residential property values, it saw a resilient full-year operational performance.

IN BRIEF: Vector Capital loan book dips in 2023 in challenging market

Vector Capital PLC - London-based commercial lending group - Updates on the aggregate loan book at December 31, and its inter-company loan balance with Vector Holdings Ltd. As expected, reports aggregate loan book at December 31 was GBP48.9 million, down from GBP53.4 million at December 31, 2022. The lower balance reflects the focus on caution and stability for the year, in challenging market conditions. The loan pipeline remains strong, and it has debt finance facilities of GBP45 million provided by its principal wholesale lenders, of which GBP27.8 million was undrawn at the year end. Notes the number of live loans at the year-end rose slightly to 108, from 107 at the start of January.

EARNINGS AND TRADING: Half-year loss widens at Triad as revenue falls

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Vector Capital trading as expected, renegotiates inter-company loan

(Sharecast News) - Commercial lending group Vector Capital updated the market on its trading on Wednesday, reporting sustained positive momentum throughout the year's second half, aligning with the trends it described in its interim results.

EARNINGS: Vector Capital half-year profit drops on higher costs

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Vector Capital pleased but cautious amid "year of consolidation"

(Alliance News) - Vector Capital PLC on Tuesday said it had performed in line with expectations in its first half year, and still plans to prioritise consolidating its position in a difficult market.

Vector Capital expands loan facilities

(Sharecast News) - Commercial lender Vector Capital updated the market on its loan facilities on Monday, including those provided by Vector Holdings, reporting that it had extended its wholesale banking facilities and increased its loan facility with Vector Holdings.

Vector Capital extends debt facilities to GBP45.0 million

(Alliance News) - Vector Capital PLC on Monday said it has extended its debt facilities to GBP45.0 million, alongside increasing its loan from Vector Holdings Ltd to GBP4 million.

Vector Capital trading well in 'year of consolidation'

(Sharecast News) - Commercial lending specialist Vector Capital said in an update on Monday that its loan book stood at £48.6m at the end of March, with an average balance of £51 million over the three month period.

IN BRIEF: Vector Capital loan book shrinks but confirms annual outlook

Vector Capital PLC - London-based commercial lending group - Says loan book at March 31 was GBP48.6 million, down 9.0% from GBP53.4 million at December 31. Company says this reflects planned redemptions of GBP7.8 million and GBP3 million in new loans advanced. Average loan size decreased 4.6% to GBP476,000 at March 31 from GBP499,000 at December 31 and average loan to value at March 31 was 57%, down from 60% at December 31. Vector reiterated its full-year outlook, saying 2023 will be "a year of consolidation" as it seeks to strengthen its position in a lending market impacted by increasing interest rates and inflation. Says it will withstand these issues thanks to strong balance sheet, "excellent" relationships with brokers and continued support of lenders.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Angus hails initial clean up of well; Amati NAV falls

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: