23 Dec 2019 16:49
23 December 2019
聽
聽
RDL聽Realisation聽Plc聽
("RDL" or the聽"Company")
聽
Portfolio聽Update
聽
The聽Company聽today provides the聽following update聽on聽its investment portfolio聽as聽of 30 November聽2019.聽All figures聽are unaudited and based on聽management accounts.
聽
The table below is an unaudited summary of the Company's investment portfolio and cash position as of 30 November 2019:
聽
Platform | 30/11/2019 (USD million) | 31/10/2019 (USD million) |
聽 | 聽 | 聽 |
SME/CRE Loans Platform | $8.5 | $18.0 |
Vehicle Services Contract Platform | $0.2 | $0.2 |
Real Estate Loans Platform | $11.7 | $11.8 |
Princeton | $15.0 | $15.0 |
International SME Lending Platform | $2.6 | $2.9 |
Equipment Loans Platform | $0.3 | $0.3 |
聽 | 聽 | 聽 |
Portfolio Total | $38.3 | $48.2 |
聽 | 聽 | 聽 |
Cash held by RDL | $15.4 | $5.3 |
聽 | 聽 | 聽 |
Grand Total | $53.7 | $53.5 |
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聽
Significant Events during November 2019:
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路; The Company received a USD $350,000 payment to settle an International SME Lending Platform debt in full at par.
路; A cash settlement for the Swift mediation of USD $432,000 was received, which represents a recovery of previously written off accounts.
路; Also, in November, the Company received USD $9.4 million in payments for the SME/CRE Loan Platform.
路; The special dividend declared on 3 October 2019 was paid to shareholders on 1 November 2019.
路; On 26 November 2019, the Directors of the Company declared a special dividend of 拢0.22 per ordinary share (equivalent US$0.28 per ordinary share) (the "Special Dividend"). The Special Dividend will be paid on 30 December 2019 to shareholders on the register as of 6 December 2019.
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Significant Events since 30 November 2019:
路; In December, the Company received USD 1 million in collections for the SME/ CRE Platform.
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Princeton Update
There are no new updates.
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For further information, please contact:
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Link Company Matters Limited
Secretary +44 (0)1392 477571