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Portfolio Update

18 Mar 2019 13:29

RNS Number : 1853T
Hadrian's Wall Secured Invs.Ltd
18 March 2019
 

18 March 2019

Hadrian's Wall Secured Investments Limited

Company update

As announced in November 2018, Hadrian's Wall Secured Investments Limited (the "Company") has entered into a £25 million revolving loan facility agreement with Shawbrook Bank Limited (the "Facility"). The Company is pleased to report that it continues to see, through its investment adviser, Hadrian's Wall Capital Limited, strong demand from UK SMEs for loan financing and has begun to draw on the Facility to fund new loans.

The Company will continue to use the Facility in order to manage the Company's ongoing liquidity requirements and to minimise unused cash balances in order to improve returns to shareholders. The Company will continue to monitor liquidity and investment opportunities, which may include raising further equity capital in order to finance the ongoing pipeline of opportunities and/or to pay down amounts drawn under the Facility.

Contact Details

Hadrian's Wall Capital (Investment Adviser)Ron Miao / Mike Schozer 020 3026 8620

International Fund Management (Investment Manager)Chris Hickling 01481 737600

Winterflood Investment Trusts (Corporate Broker)Joe Winkley / Neil Morgan 020 3100 0000

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Date   Source Headline
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2nd May 20175:49 pmRNSPublication of a Prospectus
26th Apr 20175:16 pmRNSHolding(s) in Company
13th Apr 20171:30 pmRNSDividend Declaration

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