Volta Finance Limited: Non-Mainstream Pooled Investments (NMPI) Status
December 11 2018 - 10:00AM
Volta Finance Limited: Non-Mainstream Pooled Investments (NMPI)
Status
11 December 2018
Volta Finance Limited (VTA /
VTAS)Non-Mainstream Pooled Investments
(NMPI)
Volta Finance Limited (the “Company”) is pleased to announce a
statement relating to the Financial Conduct Authority (“FCA”) rules
regarding the definition and restrictions on the retail
distribution of non-mainstream pooled investments ("NMPI"), which
came into effect on 1 January 2014.
After due enquiry it is the opinion of the Board that the
Company’s shares qualify as an “excluded security” under these
rules and are therefore excluded from the FCA’s restrictions that
apply to NMPIs. The Board therefore believes that independent
financial advisers can recommend the Company’s shares to retail
investors, although financial advisers should seek their own advice
on this issue.
For further information, please contact:
Company Secretary and AdministratorBNP Paribas
Securities Services S.C.A, Guernsey
Branchguernsey.bp2s.volta.cosec@bnpparibas.com +44 (0) 1481 750
853
Corporate Broker Cenkos Securities plc Sapna
Shah Andrew Worne +44 (0) 20 7397 8900
For the Investment Manager AXA Investment
Managers Paris Serge Demay serge.demay@axa-im.com +33 (0) 1 44 45
84 47
***** ABOUT VOLTA FINANCE
LIMITED
Volta Finance Limited is incorporated in
Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and
listed on Euronext Amsterdam and the London Stock Exchange's Main
Market for listed securities. Volta’s home member state for the
purposes of the EU Transparency Directive is the Netherlands. As
such, Volta is subject to regulation and supervision by the AFM,
being the regulator for financial markets in the
Netherlands.Volta’s investment objectives are to preserve capital
across the credit cycle and to provide a stable stream of income to
its shareholders through dividends. Volta seeks to attain its
investment objectives predominantly through diversified investments
in structured finance assets. The assets that the Company may
invest in either directly or indirectly include, but are not
limited to: corporate credits; sovereign and quasi-sovereign debt;
residential mortgage loans; and, automobile loans. The Company’s
approach to investment is through vehicles and arrangements that
essentially provide leveraged exposure to portfolios of such
underlying assets. The Company has appointed AXA Investment
Managers Paris an investment management company with a division
specialised in structured credit, for the investment management of
all its assets.
*****ABOUT AXA INVESTMENT
MANAGERS
AXA Investment Managers (AXA IM) is a
multi-expert asset management company within the AXA Group, a
global leader in financial protection and wealth management. AXA IM
is one of the largest European-based asset managers with €759
billion in assets under management as of the end of June 2018. AXA
IM employs approximately 2,420 people around the world.
Past performance cannot be relied on as a guide to
future performance.
- 2018 12 11 NMPI Status - RNS
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