GCP Asset Backed Income Fund Ltd Additional Listing (0264F)
February 16 2018 - 1:00AM
UK Regulatory
TIDMGABI TIDMGABC
RNS Number : 0264F
GCP Asset Backed Income Fund Ltd
16 February 2018
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed")
LEI: 213800FBBZCQMP73A815
Additional Listing
GCP Asset Backed, which invests in asset backed loans, has made
an application for 229,223 ordinary shares of no par value each in
the Company to be admitted to the premium segment of the Official
List of the Financial Conduct Authority and to trading on the
London Stock Exchange. It is expected that these new ordinary share
will be admitted to trading on 23 February 2018.
The application is being made pursuant to the scrip dividend
alternative in lieu of cash for the interim dividend for the period
from 1 October 2017 to 31 December 2017 (the "Q4 Dividend").
Elections for a scrip dividend were received in respect of 6.34% of
the ordinary shares in issue as at the record date of 26 January
2018. When issued, these new ordinary shares will rank pari passu
with the existing ordinary shares.
Further details of the scrip dividend alternative can be found
in the Scrip Dividend Circular 2017 which was published by the
Company on 28 July 2017, a copy of which is available for
inspection at www.morningstar.co.uk/uk/NSM and on the Company's
website at
www.graviscapital.com/funds/gcp-asset-backed/literature.
Following admission of the new ordinary shares, the Company's
issued share capital will consist of 243,195,829 ordinary shares of
no par value each and 75,000,000 C shares of no par value each.
With effect from 23 February 2018, the total number of issued
shares with voting rights will be 318,195,829.
The above figure of 318,195,829 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or of a change in
the interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information, please contact
Gravis Capital Management Limited +44 (0) 20 3405 8500
David Conlon david.conlon@graviscapital.com
Philip Kent Philip.kent@graviscapital.com
Dion Di Miceli dion.dimiceli@graviscapital.com
Cenkos Securities +44 (0) 20 7397 8900
Tom Scrivens tscrivens@cenkos.com
Oliver Packard opackard@cenkos.com
Sapna Shah sshah@cenkos.com
Buchanan +44 (0) 20 7466 5000
Charles Ryland charlesr@buchanan.uk.com
Victoria Hayns victoriah@buchanan.uk.com
Notes to Editors
The Company
GCP Asset Backed 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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