2 Oct 2018 15:50
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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   | Colin Huelin | |||||
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) Â | LEI Â Â | 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   |  C shares in the Company    JE00BG0CTY49 | |||||
b)  | Nature of the transaction   | Open Offer and Offer for Subscription | |||||
c) Â | Price(s) and volume(s) Â Â |
 | |||||
d)  | Aggregated information  - Aggregated volume  - Price  - Total Value  |   14,600 C shares  100 pence per C share  £14,600 | |||||
e)  | Date of the transactions   |  2 October 2018 | |||||
f)  | Place of the transaction   |  LSE (XLON)  | |||||
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Following the above transaction, Colin Huelin, the Non-Executive Director of the Company has a beneficial holding of 19,900 Ordinary Shares and 14,600 C Shares in the Company (either directly or through his self-invested personal pension plan, Caleh Limited) which represents 0.01% of the total voting rights of the Company.
For further information, please contact:
Gravis Capital Management Limited +44 (0) 20 3405 8500 | ||
David Conlon | david.conlon@graviscapital.com | |
Dion Di Miceli | dion.dimiceli@graviscapital.com | |
Cenkos Securities plc | +44 (0)20 7397 8900 | |
Tom Scrivens | tscrivens@cenkos.com | |
Oliver Packard | opackard@cenkos.com | |
Sapna Shah | sshah@cenkos.com | |
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.