SSIF.L Regulatory News (SSIF)

28 October 2021  

Secured Income Fund plc

Monthly Net Asset Values

Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset values ("NAVs").

Net Asset Values

Revised 31 July 2021 NAV

Subsequent to the announcement of the 31 July 2021 NAV of 31.20 pence on 25 August 2021, the Company was informed that a borrower had not finalised refinancing ahead of the 30 September 2021 repayment date and, consequently, repayment of the loan was to be delayed. As a result, the expected credit loss as at 30 June 2021 and 31 July 2021 for the loan has been amended, resulting in a change to the 31 July 2021 NAV.

The revised unaudited estimated NAV per ordinary share (cum-income) as at 31 July 2021 was 30.37 pence.

The estimated NAV per ordinary share includes the deduction of dividends distributed since the commencement of the wind down on 17 September 2020 of 8.50 pence per ordinary share and B Share buy backs equivalent to 25.5 pence per ordinary share.

31 August 2021 NAV

The Company announces that, as at 31 August 2021, the unaudited estimated NAV per ordinary share (cum-income) was 30.71 pence.

The estimated NAV per ordinary share includes the deduction of dividends distributed since the commencement of the wind down on 17 September 2020 of 8.50 pence per ordinary share and B Share buy backs equivalent to 25.5 pence per ordinary share.

30 September 2021 NAV

The Company announces that, as at 30 September 2021, the unaudited estimated NAV per ordinary share (cum-income) was 31.11 pence.

The estimated NAV per ordinary share includes the deduction of dividends distributed since the commencement of the wind down on 17 September 2020 of 8.50 pence per ordinary share and B Share buy backs equivalent to 25.5 pence per ordinary share.

(https://kkvim.com/secured-income-fund/)

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