RM Secured Direct Lending PLC Dividend Declaration (7853X)
May 01 2019 - 8:56AM
UK Regulatory
TIDMRMDL TIDMTTM
RNS Number : 7853X
RM Secured Direct Lending PLC
01 May 2019
1 May 2019
RM Secured Direct Lending Plc
("RMDL" or the "Company")
LEI: 213800RBRIYICC2QC958
Dividend Declaration
The Directors of the Company, an investment trust specialising
in secured debt investments, have declared an interim dividend of
1.625 pence per ordinary share and an additional special dividend
of 0.375 pence per ordinary share in respect of the period from 1
January 2019 to 31 March 2019. Therefore, the total dividend
payable in respect of the period will be 2.0 pence per ordinary
share. The additional dividend of 0.375 pence per ordinary share
has been declared as a special dividend following portfolio
outperformance arising from the early repayment of loans in Q1 2019
and associated prepayment penalties.
Ex-Dividend Date - 6 June 2019
Record Date - 7 June 2019
Payment Date - 28 June 2019
The Company has elected to designate the above interim and
special dividends as interest distributions to its ordinary
shareholders.
END
For further information, please contact:
RM Funds - Investment Manager
James Robson
Pietro Nicholls 0131 603 7060
N+1 Singer Advisory LLP - Financial Adviser
and Broker
James Maxwell
Lauren Kettle 020 7496 3000
Tulchan Communications LLP - Financial PR 0207 353 4200
Elizabeth Snow rmdl@tulchangroup.com
Deborah Roney
PraxisIFM Fund Services (UK) Limited - Administrator
and Company Secretary
Anthony Lee
Ciara McKillop 020 7653 9690
About RM Secured Direct Lending
RM Secured Direct Lending Plc is a closed-ended investment trust
established to invest in a portfolio of secured debt instruments.
The Company aims to generate attractive and regular dividends
through loans sourced or originated by the Investment Manager with
a degree of inflation protection through index-linked returns where
appropriate. Loans in which the Company invests are predominantly
secured against assets such as real estate or plant and machinery
and/or income streams such as account receivables.
About RM Capital Markets Limited
RM Funds is a trading name of RM Capital Markets Limited, the
Investment Manager to RM Secured Direct Lending PLC and VT RM
Alternative Income Fund. RM Capital is a specialist in alternative
fund management, sales & trading, foreign exchange, and capital
markets and advisory. Founded in 2010, with offices in Edinburgh,
and London, it has transacted in excess of GBP50 billion of bonds
and loans since its inception, and advised or originated,
structured and managed the due diligence process for over GBP1
billion of Sterling credit transactions and approximately EUR700
million of Euro based transactions in each case since 2012.
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
DIVABMJTMBAMBIL
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