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Pin to quick picksIcg-longbow Regulatory News (LBOW)

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12.25    0.65 (5.60%)
Bid:
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Spread: 2.50 (22.727%)
Market Cap: £14.07m
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Portfolio Update

29 Nov 2021 07:00

RNS Number : 7916T
ICG-Longbow Snr Sec UK Prop DebtInv
29 November 2021
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

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29 November 2021

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)

Portfolio Update

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The Company has received repayment in full of the Β£7.8 million Knowsley loan, following a sale of the underlying property. The repayment is accompanied by interest and exit fees of approximately Β£0.2 million in aggregate. Additionally, the Company has received further partial repayments of the Quattro loan, totalling Β£0.9 million in aggregate.

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As a result of the repayments, the Company expects to make a second capital distribution to shareholders and a further announcement will be made in due course.

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For further information, please contact:

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Ocorian Administration (Guernsey) Limited

Louise Manklow

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+44 (0)14 8174 2742

Cenkos Securities:

Will Rogers

+44 (0)20 7397 1920

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ICG Real Estate

Martin Wheeler

David Mortimer

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+44 (0)20 3201 7502

+44 (0)20 3201 7532

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Further information on the Company can be found on its website at http://www.lbow.co.uk.

ICG Longbow LEI: 2138008BKBH3OP2CA764

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Date   Source Headline
18th Jun 20137:00 amRNSInterim Management Statement
17th Jun 201310:33 amRNSDirector Declaration
10th Jun 20137:00 amRNSAdvancement of Loan
7th Jun 20133:57 pmRNSDirector Declaration
15th Mar 20133:04 pmRNSHolding(s) in Company
20th Feb 20134:41 pmRNSHolding(s) in Company
13th Feb 201311:22 amRNSTR-1: Notification of major interest in shares
5th Feb 20137:00 amRNSAdmission to Trading and PDMR Shareholdings

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