RNS Number : 3908U

SME Credit Realisation Fund Limited

28 July 2020


SME Credit Realisation Fund Limited

("SCRF" or the "Company")


28 July 2020

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

On 28 July 2020, Richard Boleat (a person discharging managerial responsibility to the Company) notified the Company that he had purchased on 28 July 2020, 20,000 ordinary shares in the capital of the Company.

This purchase represents 0.0084% of the Company's ordinary shares in issue as at today's date. Following this transaction, Mr Boleat holds 24,111 ordinary shares, or 0.0101% of SCRF's ordinary shares in issue as at today's date.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of shares purchased.

Notification and public disclosure of transactions by persons 
 discharging managerial responsibilities and persons closely associated 
 with them 
1      Details of the person discharging managerial responsibilities/person 
        closely associated 
a)     Name                                         Richard Boleat 
2      Reason for the notification: Share purchase 
a)     Position/status 
b)     Initial notification 
        /Amendment                                   Initial notification 
3      Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
a)     Name                                         SME Credit Realisation Fund Limited 
b)     Legal Entity Identifier                      549300ZQIYQVNIZGOW60 
4      Details of the transaction(s): section to be repeated for 
        (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions have 
        been conducted 
a)     Description of 
        the financial                                Ordinary Shares 
        instrument, type 
        of instrument 
        code                                         GG00BMHZLZ33 
b)     Nature of the 
        transaction                                  Acquisition of Ordinary shares 
c)     Price(s) and                                Price(s)            Volume(s) 
 volume(s)                                           57.00p              20,000 
d)     Aggregated                                  N/A 
 - Aggregated volume 
 - Price 
e)     Date of the transaction                      28 July 2020 
f)     Place of the transaction                     London 


Richard Boleat, Chairman

+44 (0) 1534 615 656


Secretary and Administrator

Sanne Group (Guernsey) Limited

+44 (0) 1481 739810


Corporate Broker

Numis Securities

Nathan Brown

+44 (0) 207 260 1000


Investor Relations




The ISIN number of the Company's shares is GG00BMHZLZ33, the SEDOL code is BMHZLZ3 and the TIDM is SCRF.

The LEI number of the Company is 549300ZQIYQVNIZGOW60.

ABOUT SME Credit Realisation Fund Limited

The Company is a registered closed-ended collective investment scheme registered pursuant to the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended and the Registered Collective Investment Scheme Rules 2018 issued by the Guernsey Financial Services Commission ("GFSC").



This announcement contains "forward-looking" statements, beliefs or opinions. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the control of the Company and all of which are based on its directors' current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as "believes", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "projects", "continues", "assumes", "positioned" or "anticipates" or the negative thereof, other variations thereon or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events, assumptions or intentions. These forward-looking statements include all matters that are not historical facts. Forward-looking statements may and often do differ materially from actual results. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of the Board or the Company with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business concerning, amongst other things, the financial performance, liquidity, prospects, growth and strategies of the Company. These forward-looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the Company. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. The forward-looking statements contained in this announcement speak only as of the date of this announcement. Nothing in this announcement is, or should be relied on as, a promise or representation as to the future. The Company disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law, the Prospectus Rules, the Listing Rules or the Disclosure Rules and Transparency Rules of the FCA. No statement in this announcement is intended as a forecast or profit estimate.

Neither this announcement nor any copy of it may be made or transmitted into the United States of America (including its territories or possessions, any state of the United States of America and the District of Columbia) (the "United States"), or distributed, directly or indirectly, in the United States or to US Persons (as such term is defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act"). Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada, Japan or South Africa or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of United States, Australian, Canadian, Japanese or South African securities laws. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for securities in the United States, Australia, Canada, Japan or South Africa or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

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) Dow Jones Newswires

July 28, 2020 13:19 ET (17:19 GMT)