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VPC Specialty Lending Investments PLC's Board of Directors declared an interim dividend of 2.00 pence per share for the three-month period to 31 March 2023. The dividend will be paid on 27 July 2023 to shareholders on the register as at 7 July 2023, with an ex-dividend date of 6 July 2023. The Company designated this interim dividend as an interest distribution, from which no income tax will be deducted at source.
| Date | 26 Jun 2023 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 8156D |
26 June 2023
VPC Specialty Lending Investments PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of the Company has declared an interim dividend of 2.00 pence per share for the three-month period to 31 March 2023. The dividend will be paid on 27 July 2023 to shareholders on the register as at 7 July 2023. The ex-dividend date is 6 July 2023.
The Company has elected to designate all of the interim dividend for the three-month period to 31 March 2023 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income. No income tax will therefore be deducted at source from this, or from future interest distributions.
Based on existing market conditions, potential cash flows and on the assumption of continued strong portfolio performance, the Board currently expects to continue paying dividends at the current rate for at least a year and potentially longer. The Company intends to maintain its investment trust status during this managed realisation process prior to liquidation.
Enquiries
For further information, please contact:
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Victory Park Capital Gordon Watson Sora Monachino |
via Jefferies or Winterflood (below) [email protected] |
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Jefferies International Limited |
Tel: +44 20 7029 8000 |
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Stuart Klein |
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Gaudi le Roux |
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Winterflood Securities Limited |
Tel: +44 20 3100 0000 |
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Joe Winkley |
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Neil Morgan
Montfort Communications Matthew Jervois Gay Collins
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Tel: +44 (0)7798 626282 / +44 (0)7717 857736 |
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Link Company Matters Limited (Company Secretary) |
Tel: +44 20 7954 9567 Email: [email protected] |
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About VPC Specialty Lending Investments PLC
VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.
Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com.
LEI: 549300UPEXC5DQB81P34