TIDMSSIF

RNS Number : 5271G

Secured Income Fund PLC

26 November 2020

26 November 2020

Secured Income Fund plc

Monthly Net Asset Value, Dividend and Fact Sheet

Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.

Net Asset Value

The Company announces that, as at 31 October 2020, the unaudited estimated NAV per ordinary share (cum-income) was 83.68 pence.

Dividend

In line with the Company's commitment to return available cash to Shareholders in as short a time frame as possible without damaging capital value for investors, the Company is pleased to announce a dividend of 5.00p per Ordinary Share for the year ended 30 June 2021, as follows:

 
 Dividend amount:   5.00 pence per Ordinary Share 
 Ex-date:           03 December 2020 
 Record date:       04 December 2020 
 Payment date:      23 December 2020 
 

The Company has elected to designate all of the dividends for the period ended 31 October 2020 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

Fact Sheet

The Company announces that it has today published its monthly fact sheet to the end of October 2020, which is available to download from the Company's website.

( https://kkvim.com/secured-income-fund/ )

For further information please contact:

 
 
 Directors 
  David Stevenson (Chair)              tel: +44 7973 873785 
  Susan Gaynor Coley                   tel: +44 7977 130673 
  Brett Miller                         tel: +44 7770 447338 
 KKV Investment Management Ltd       tel: +44 20 7429 2200 
  Nicola Bird 
  Catherine Halford Riera 
 finnCap Ltd.                        tel: +44 20 7220 0500 
  Corporate Finance: William Marle 
  / Giles Rolls 
  Sales: Mark Whitfeld 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCQELFLBFLBFBB

(END) Dow Jones Newswires

November 26, 2020 02:00 ET (07:00 GMT)