RM SecDirect Lending - Result of Placing
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO,
Capitalised terms used but not defined in this announcement shall have the meanings given to such terms in the announcement of the Proposed Placing announcement released on
("RMDL" or the "Company")
Result of Placing
RMDL, an investment trust specialising in secured debt instruments, announces that, further to its announcements of 17 October and
Accordingly, a total of 10,000,000 new Ordinary Shares have been issued and allotted conditionally upon admission at the Placing Price of
Applications have been made for admission of the new Ordinary Shares to listing on the premium listing segment of the Official List and to trading on the
Following Admission, the Company will have 122,224,581 Ordinary Shares in issue. Therefore, the total number of voting rights of the Company will be 122,224,581 and this figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest in, the Company.
"We are delighted with this latest, successful fundraise. The proceeds, combined with our renewed RCF, enables us to invest in our attractive pipeline of high yielding, secured lending opportunities. We are focused on maintaining our portfolio quality and diversity through our disciplined approach to investing in well established businesses, supported by strong security packages. We are confident that as we grow in size, we will continue our strong track record of delivering attractive returns to shareholders."
For further information, please contact:
Tel: 0131 603 7060
Tel: 020 7496 3000
Tel: 0207 353 4200
Tel: 01481 737600
Tel: 020 7653 9690
About RM Secured Direct Lending
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.
For more information, please see https://rmdl.co.uk/investor-centre/
About RM Funds
RM Funds is a trading name of
The content of this announcement has been prepared by, and is the sole responsibility of,
The distribution of this announcement and the Placing in certain jurisdictions may be restricted by law. No action has been taken by the Company or
No representation or warranty, express or implied, is made or given by or on behalf of the Company, N+1 Singer, or the Investment Manager or any of their respective directors, partners, officers, employees, agents or advisers or any other person (whether or not referred to in this announcement) as to the accuracy, completeness or fairness of the information contained herein and no responsibility or liability is accepted by any of them for any such information or opinions.
This announcement does not constitute or form part of, and should not be considered as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in the Company or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction.
N+1 Singer, which is authorised and regulated in the United Kingdom by the
This information is provided by RNS, the news service of the
Quick facts: RM Secured Direct Lending
Market Cap: £94.61 m
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