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RM SecDirect Lending - Dividend Declaration

RNS Number : 2435K
RM Secured Direct Lending PLC
20 April 2020
 

20 April 2020

RM Secured Direct Lending Plc

 

("RMDL" or the "Company")

 

LEI: 213800RBRIYICC2QC958

 

Dividend Declaration

 

The Directors of RMDL, an investment trust specialising in secured debt investments, have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 January 2020 to 31 March 2020.

Ex-Dividend Date - 4 June 2020

Record Date - 5 June 2020

Payment Date - 26 June 2020

The Company has elected to designate the above interim dividend as an interest distribution 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

Elizabeth Snow

Deborah Roney

 

0207 353 4200

[email protected]

PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary

Brian  Smith

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 Funds

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 Funds is a specialist in alternative fund management and manages $300m in assets. Founded in 2010, with offices in Edinburgh, and London, it has transacted in excess of £50 billion of bonds and loans since its inception, and advised or originated, structured and managed the due diligence process for over £1 billion of Sterling credit transactions and approximately €700 million of Euro based transactions in each case since 2012.

 

 


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Quick facts: RM Secured Direct Lending

Price: 77.5

Market: LSE
Market Cap: £93.98 m
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