23 Jun 2020 18:28
23 June 2020
VPC Specialty Lending Investments PLC (the "Company")
Director Responsibilities and Search for a new Independent Non-Executive Director
In accordance with Listing Rule 9.6.11, the Company announces that Mr Richard Levy has indicated his intention to retire as a Director of the Company. The retirement will take effect once the search for his replacement has been concluded.
The Company will be initiating a formal recruitment process to identify and select a suitable independent non-executive director as a replacement for Mr Levy. The Board's Nomination Committee, which is made up of the independent directors, will be responsible for the process. The Nomination Committee aims to conclude the recruitment process by the end of 2020.
Mr Kevin Ingram, Chairman of the Company, commented:
"The Board would like to express its gratitude to Richard for the significant contribution he has made during his tenure as a Director. He has brought relevant sector insight and expertise and his market knowledge and commercial judgement have been of particular value during the recent market turbulence."
Enquiries
For further information, please contact:
Victory Park Capital Brendan Carroll (Senior Partner and Co-Founder) Gordon Watson (Partner) | via Jefferies or Winterflood (below) info@vpcspecialtylending.com |
Jefferies International Limited | Tel: +44 20 7029 8000 |
Stuart Klein Neil Winward | |
Gaudi le Roux | |
Winterflood Securities Limited | Tel: +44 20 3100 0000 |
Neil Morgan | |
Chris Mills
| |
Link Company Matters Limited (Company Secretary) | Tel: +44 20 7954 9567 Email: VPC@linkgroup.co.uk |
About VPC Specialty Lending Investments PLC
VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.
Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com.
LEI: 549300UPEXC5DQB81P34
Vpc Specialty (VSL)