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Market Cap: £31.38m
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Dividend Declaration

1 Mar 2018 07:00

RNS Number : 3088G
VPC Specialty Lending Invest. PLC
01 March 2018
 

1 March 2018

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of the Company has declared an interim dividend of 1.80 pence per share for the three-month period to 31 December 2017, which is an increase from the Q1 and Q2 dividends of 1.50 and 1.70 pence per share, respectively and consistent with the Q3 dividend of 1.80 pence per share. Including this dividend, the Company has declared total dividends of 6.80 pence per share for 2017 compared to 6.00 pence per share for 2016. The dividend will be paid on 5 April 2018 to shareholders on the register as at 9 March 2018. The ex-dividend date is 8 March 2018.

 

The Company has elected to designate all of the interim dividend for the three-month period to 31 December 2017 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income. No income tax will therefore be deducted at source from this, or from future interest distributions.

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner, Investment Manager)

 

via MHP (below)

Jefferies International Limited

Tel: +44 20 7029 8000

Gary Gould

Andrew Morris

MHP (PR Adviser)

Tel: +44 20 3128 8100

Tim Rowntree

Kelsey Traynor

Email: vpc@mhpc.com

 

About VPC Specialty Lending Investments PLC:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia and Europe) and credit bands.

 

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $5.5 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

 

Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com.

 

LEI: 549300UPEXC5DQB81P34

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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29th Aug 20195:21 pmRNSTransaction in Own Shares
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