Last checked at 
2 Jun 2020 07:00
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
| Joanna Dentskevich | |||||
2
| Reason for the notification
| ||||||
a)
| Position/status
| Senior Independent 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)
| LEI
| 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
| Ordinary shares of no par value
JE00BYXX8B08 | |||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||||
c)
| Price(s) and volume(s)
|
| |||||
d)
| Aggregated information
- Aggregated volume
- Price
- Total Value
|
17,000 shares
92.2 pence per share
£15,674 | |||||
e)
| Date of the transactions
| 1 June 2020 | |||||
f)
| Place of the transaction
| LSE (XLON)
| |||||
Following the above transaction, Joanna Dentskevich, the Senior Independent Director of the Company has a beneficial holding of 57,379 Ordinary Shares in the Company 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
Dion Di Miceli
Investec Bank plc +44 (0) 20 7597 4000
Helen Goldsmith
Denis Flanagan
Neil Brierley
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.