TIDMPBLT

RNS Number : 7293S

TOC Property Backed Lendng Tst PLC

10 July 2020

TOC PROPERTY BACKED LENDING TRUST PLC

(the "Company" or "PBLT")

Annual Report for the year ended 30 November 2019

The Annual Report for the year ended 30 November 2019 has been sent to shareholders, together with a Notice of General Meeting.

Copies of the Annual Report for the year ended 30 November 2019, including the Notice of General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website: http://www.tocpropertybackedlendingtrust.co.uk/ .

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

ACSSFAFWSESSEFW

(END) Dow Jones Newswires

July 10, 2020 13:22 ET (17:22 GMT)

Develop North (LSE:DVNO)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Develop North Charts.
Develop North (LSE:DVNO)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Develop North Charts.