2 Oct 2018 15:50
GCP Asset Backed Income Fund Limited
("GCP Asset Backed" or the "Company")
LEI 213800FBBZCQMP73A815
Headline: Notification of transaction by persons discharging managerial responsibilities ("PDMR")
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||
a)
| Name
| Colin Huelin | |||||
2
| Reason for the notification
| ||||||
a)
| Position/status
| Director | |||||
b)
| Initial notification /Amendment
| Initial notification | |||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||
a)
| Name
| GCP Asset Backed Income Fund Limited
| |||||
b)
| LEI
| 213800FBBZCQMP73A815 | |||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
| C shares in the Company
JE00BG0CTY49 | |||||
b)
| Nature of the transaction
| Open Offer and Offer for Subscription | |||||
c)
| Price(s) and volume(s)
|
| |||||
d)
| Aggregated information
- Aggregated volume
- Price
- Total Value
|
14,600 C shares
100 pence per C share
£14,600 | |||||
e)
| Date of the transactions
| 2 October 2018 | |||||
f)
| Place of the transaction
| LSE (XLON)
| |||||
Following the above transaction, Colin Huelin, the Non-Executive Director of the Company has a beneficial holding of 19,900 Ordinary Shares and 14,600 C Shares in the Company (either directly or through his self-invested personal pension plan, Caleh Limited) which represents 0.01% of the total voting rights of the Company.
For further information, please contact:
Gravis Capital Management Limited +44 (0) 20 3405 8500 | ||
David Conlon | david.conlon@graviscapital.com | |
Dion Di Miceli | dion.dimiceli@graviscapital.com | |
Cenkos Securities plc | +44 (0)20 7397 8900 | |
Tom Scrivens | tscrivens@cenkos.com | |
Oliver Packard | opackard@cenkos.com | |
Sapna Shah | sshah@cenkos.com | |
Notes to Editors
The Company
The Company is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.
Gcp Asset Bckd (GABI)