TIDMPBLT

RNS Number : 5066E

TOC Property Backed Lendng Tst PLC

28 February 2020

TOC PROPERTY BACKED LENDING TRUST PLC

(the "Company" or "PBLT")

Interim Dividend Declaration Correction

The Company refers to the dividend declaration dated 27 February 2020 relating to the declaration of an interim dividend for the period from 1 December 2019 to 29 February 2020. The payment date will be 3 April 2020.

All other details remain unchanged.

The full amended text is shown below.

The Board of Directors (the "Board") of PBLT has declared an interim dividend of 1.50 pence per ordinary share in respect of the period from 1 December 2019 to 29 February 2020.

 
 Distribution period:    1 December 2019 - 29 February 
                          2020 
 Distribution amount     1.50 pence 
  per share: 
 Ex-dividend date:       5 March 2020 
 Dividend record date:   6 March 2020 
 Payment date:           3 April 2020

For further information regarding the Company (Ticker: PBLT) (LEI: 213800EXPWANYN3NEV68) please call:

 
 Tier One Capital Ltd (Investment Adviser)      +44 (0) 191 222 
  Ian McElroy/Brendan O'Grady                    0099 
 finnCap Ltd (Financial Adviser and Broker)     +44 (0) 207 220 
  William Marle / Giles Rolls                    0500 
 Maitland Administration Services (Scotland)    +44 (0) 1245 398 
  Limited (Secretary)                            950

Notes to Editors:

TOC Property Backed Lending Trust PLC is a closed-end investment company. Its investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term while managing downside risk through: (i) a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the UK; and (ii) in many cases, receiving the benefit of an associated profit share usually obtained by acquiring (at nil cost) a minority equity stake in the relevant borrower project development vehicle.

The Company's investment adviser is Tier One Capital Limited ("Tier One" or the "Investment Adviser"). Tier One is a Newcastle upon Tyne headquartered wealth management company and the appointed investment adviser to the TOC Property Backed Lending Trust. Tier One has offices in Newcastle, London and Switzerland, and specialises in providing wealth management advice to high net worth individuals, corporates and charities.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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