24 Jun 2020 14:48
24 June 2020
RDL Realisation Plc
("RDL" or the "Company")
Portfolio Update
The Company today provides the following update on its investment portfolio as of 31 May 2020. All figures are unaudited and based on management accounts.
The table below is an unaudited summary of the Company's investment portfolio and cash position as of 31 May 2020:
Platform | 31/05/2020 (USD million) | 29/03/2020 (USD million) |
|
|
|
SME/CRE Loans Platform | $5.1 | $5.1 |
Vehicle Services Contract Platform | $0.2 | $0.2 |
Real Estate Loans Platform | $8.5 | $9.0 |
Princeton | $0.0 | $13.5 |
International SME Lending Platform | $0.9 | $1.6 |
Equipment Loans Platform | $0.1 | $0.1 |
|
|
|
Portfolio Total | $14.8 | $29.5 |
|
|
|
Cash held by RDL | $5.1 | $12.6 |
|
|
|
Grand Total | $19.9 | $42.1 |
Significant Events during April and May 2020:
Approximately $0.5 USD million was collected on the Real Estate Loans Platform.
Approximately $0.7 USD million cash was collected on the International SME Lending Platform as a result of ongoing restructuring and negotiations.
On 7 April, the directors declared a further dividend of GBP1.06 per share which was paid on 19 May 2020 to shareholders on the register as of 17 April 2020.
Significant Events since 31 May 2020:
Approximately $0.5 USD million cash was collected on the International SME Lending Platform.
For further information, please contact:
Link Company Matters Limited
Secretary +44 (0)1392 477571