Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVpc Specialty Regulatory News (VSL)

Share Price Information for Vpc Specialty (VSL)

Share Price is delayed by 15 minutes
Get Live Data
11.275    -0.025 (-0.22%)
Bid:
10.75
Ask:
11.75
Spread: 1.00 (9.302%)
Market Cap: £31.38m
VSL Live PriceLast checked at - London Stock Exchange

Intraday Vpc Specialty Share Chart

Portfolio Update

22 Dec 2016 07:00

RNS Number : 5426S
VPC Specialty Lending Invest. PLC
22 December 2016
Β 

22 December 2016

Β 

VPC Specialty Lending Investments PLC

(the "Company")

PORTFOLIO UPDATE

Β 

On 21 December 2016, the Company sold its portfolio of marketplace loans originated through Funding Circle UK. The Company had valued the position at the expected sale price on 31 October 2016, at which time it represented 7.7% of the Company's Net Asset Value. Therefore, the Company expects the financial impact in the remainder of 2016 to be largely limited to certain transaction and other costs related to the sale. The sale helps accelerate the Company's strategy of reallocating capital away from market place lending investments into balance sheet investments that have consistently generated higher returns with less volatility.Β The Company expects to re-invest substantially all of the proceeds into balance sheet investments, as well as into other strategic uses, in the first quarter of 2017.

Β 

The information contained in this announcement is inside information.Β 

Β 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Β 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner, Investment Manager)

Β 

via MHP Communications (below)

Cormac Leech (Principal)

Β 

Β 

Β 

Jefferies International Limited

Tel: +44 20 7029 8000

Gary Gould

Β 

Alex Collins

Β 

Β 

Β 

Stifel Nicolas Europe Limited

Tel: +44 20 7710 7600

Neil Winward

Β 

Mark Bloomfield

Β 

Gaudi Le Roux

Β 

Β 

Β 

MHP Communications (PR Adviser)

Tel: +44 20 3128 8100

Mark Lunn

Tim Rowntree

Kelsey Traynor

Email: vpc@mhpc.com

Β 

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.

Β 

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $4.5 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).

Β 

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

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
PFUEAPAFAFDKFFF
Date   Source Headline
1st Jun 201710:06 amRNSTotal Voting Rights
30th May 20175:56 pmRNSTransaction in Own Shares
26th May 20177:26 amRNSPORTFOLIO UPDATE
25th May 20179:58 amRNSINTRODUCTION OF PERFORMANCE FEE HURDLE
24th May 20175:28 pmRNSDividend Declaration
24th May 201710:31 amRNSTransaction in Own Shares
22nd May 20175:40 pmRNSTransaction in Own Shares
15th May 20175:35 pmRNSTransaction in Own Shares
12th May 20175:29 pmRNSTransaction in Own Shares
11th May 20175:56 pmRNSTransaction in Own Shares
10th May 20172:42 pmRNSDirector/PDMR Shareholding
9th May 20175:40 pmRNSAnnual Report & Accounts and Notice of AGM
9th May 20175:29 pmRNSTransaction in Own Shares
8th May 20175:49 pmRNSTransaction in Own Shares
4th May 20174:05 pmRNSQuarterly Letter
4th May 20174:00 pmRNSMonthly Report
4th May 20173:46 pmRNSNet Asset Value(s)
2nd May 20173:37 pmRNSTotal Voting Rights
28th Apr 20177:00 amRNSAnnual Financial Report
24th Apr 20175:39 pmRNSTransaction in Own Shares
10th Apr 20173:22 pmRNSDirector Declaration
4th Apr 201711:44 amRNSDirector/PDMR Shareholding
3rd Apr 20175:37 pmRNSTransaction in Own Shares
3rd Apr 20179:49 amRNSTotal Voting Rights
31st Mar 20175:27 pmRNSTransaction in Own Shares
31st Mar 20174:15 pmRNSMonthly Report
31st Mar 20174:00 pmRNSNet Asset Value(s)
30th Mar 20175:27 pmRNSTransaction in Own Shares
29th Mar 20175:37 pmRNSTransaction in Own Shares
28th Mar 20175:46 pmRNSTransaction in Own Shares
27th Mar 20175:46 pmRNSTransaction in Own Shares
22nd Mar 20175:51 pmRNSTransaction in Own Shares
21st Mar 20175:31 pmRNSTransaction in Own Shares
20th Mar 20175:28 pmRNSTransaction in Own Shares
10th Mar 20174:29 pmRNSHolding(s) in Company
9th Mar 20175:04 pmRNSTransaction in Own Shares
8th Mar 20175:19 pmRNSTransaction in Own Shares
7th Mar 20175:47 pmRNSTransaction in Own Shares
6th Mar 20175:24 pmRNSTransaction in Own Shares
3rd Mar 20175:24 pmRNSTransaction in Own Shares
3rd Mar 20179:51 amRNSDirector/PDMR Shareholding
1st Mar 20172:34 pmRNSTotal Voting Rights
1st Mar 20177:45 amRNSMonthly Report
1st Mar 20177:30 amRNSMONTHLY NET ASSET VALUE PER SHARE
1st Mar 20177:00 amRNSDividend Declaration
27th Feb 201712:30 pmRNSInvestor Presentation
13th Feb 20176:07 pmRNSTransaction in Own Shares
10th Feb 20175:42 pmRNSTransaction in Own Shares
10th Feb 20175:13 pmRNSDirector/PDMR Shareholding
7th Feb 20175:20 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.