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    0.00 (0.00%)
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
 

22 December 2016

 

VPC Specialty Lending Investments PLC

(the "Company")

PORTFOLIO UPDATE

 

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. 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.

 

The information contained in this announcement is inside information. 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner, Investment Manager)

 

via MHP Communications (below)

Cormac Leech (Principal)

 

 

 

Jefferies International Limited

Tel: +44 20 7029 8000

Gary Gould

 

Alex Collins

 

 

 

Stifel Nicolas Europe Limited

Tel: +44 20 7710 7600

Neil Winward

 

Mark Bloomfield

 

Gaudi Le Roux

 

 

 

MHP Communications (PR Adviser)

Tel: +44 20 3128 8100

Mark Lunn

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 $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).

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
PFUEAPAFAFDKFFF
Date   Source Headline
25th Nov 20207:00 amRNSNet Asset Value(s)
24th Nov 20207:00 amRNSQuarterly Letter
19th Nov 20207:00 amRNSDividend Declaration
12th Nov 20207:00 amRNSCitywire's Annual Investment Trust Awards
9th Nov 202011:04 amRNSDirector/PDMR Shareholding
9th Nov 202010:55 amRNSDirector/PDMR Shareholding
9th Nov 20209:29 amRNSDirector/PDMR Shareholding
6th Nov 20204:57 pmRNSTransaction in Own Shares
5th Nov 20205:41 pmRNSTransaction in Own Shares
30th Oct 20207:00 amRNSNet Asset Value(s)
23rd Oct 202012:03 pmRNSHolding(s) in Company
23rd Oct 202010:02 amRNS2020 Annual General Meeting - Update Statement
23rd Oct 20209:39 amRNSRefreshing and Strengthening Board Independence
5th Oct 20204:09 pmRNSDirector/PDMR Shareholding
1st Oct 202010:52 amRNSTotal Voting Rights
30th Sep 20205:07 pmRNSTransaction in Own Shares
30th Sep 20207:00 amRNSNet Asset Value(s)
29th Sep 20207:00 amRNSHalf-year Report
28th Sep 20205:03 pmRNSTransaction in Own Shares
25th Sep 20204:57 pmRNSTransaction in Own Shares
24th Sep 20205:10 pmRNSTransaction in Own Shares
23rd Sep 20205:06 pmRNSTransaction in Own Shares
22nd Sep 20205:29 pmRNSTransaction in Own Shares
21st Sep 20205:02 pmRNSTransaction in Own Shares
18th Sep 20205:12 pmRNSTransaction in Own Shares
17th Sep 20205:07 pmRNSTransaction in Own Shares
16th Sep 20205:08 pmRNSTransaction in Own Shares
15th Sep 20204:51 pmRNSTransaction in Own Shares
14th Sep 20205:05 pmRNSTransaction in Own Shares
11th Sep 20205:20 pmRNSTransaction in Own Shares
10th Sep 20205:06 pmRNSTransaction in Own Shares
9th Sep 20205:26 pmRNSTransaction in Own Shares
8th Sep 20205:21 pmRNSTransaction in Own Shares
4th Sep 20205:09 pmRNSTransaction in Own Shares
2nd Sep 20202:55 pmRNSDirector/PDMR Shareholding
1st Sep 20205:28 pmRNSTransaction in Own Shares
1st Sep 202012:14 pmRNSTotal Voting Rights
28th Aug 20203:42 pmRNSTransaction in Own Shares
28th Aug 20207:00 amRNSNet Asset Value(s)
27th Aug 20205:27 pmRNSTransaction in Own Shares
26th Aug 20205:40 pmRNSTransaction in Own Shares
25th Aug 20205:35 pmRNSTransaction in Own Shares
24th Aug 20205:30 pmRNSTransaction in Own Shares
21st Aug 20205:30 pmRNSTransaction in Own Shares
20th Aug 20205:18 pmRNSTransaction in Own Shares
20th Aug 20207:00 amRNSDividend Declaration
18th Aug 20205:20 pmRNSTransaction in Own Shares
17th Aug 20205:39 pmRNSTransaction in Own Shares
17th Aug 20202:00 pmRNSQuarterly Letter
3rd Aug 20202:50 pmRNSDirector/PDMR Shareholding

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.