logo-loader
viewRM Secured Direct Lending

RM SecDirect Lending - Transaction in Own Shares

RNS Number : 4579P
RM Secured Direct Lending PLC
10 June 2020
 

 

RM Secured Direct Lending Plc

 

("RMDL" or the "Company")

 

 

 

Transaction in Own Shares

 

 

RMDL announces that on 9 June 2020 it purchased 275,000 ordinary shares at a price of 77p per share in accordance with the authority granted to it by shareholders at its 2020 Annual General Meeting. The purchased shares will be held in treasury. Following this purchase, the Company will have 121,259,581 ordinary shares in issue with voting rights and 965,000 ordinary shares held in treasury.

 

This figure (121,259,581) represents the total voting rights in the Company and may be used by Shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For further information, please contact:

 

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

Tel: 0131 603 7060

 

International Fund Management - AIFM

Chris Hickling

Shaun Robert

Tel: 01481 737600

 

Tulchan Group - Financial PR

Elizabeth Snow

Deborah Roney

Tel: 020 7353 4200

 

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

Brian Smith

Ciara McKillop

Tel: 020 7653 9690

 

Nplus1 Singer Advisory LLP - Financial Adviser and Broker

James Maxwell

Carlo Spingardi

Tel: 020 7496 3000

 

About RM Secured Direct Lending

 

RM Secured Direct Lending Plc is a closed-ended investment trust established to invest in a portfolio of bespoke, higher-yielding 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.

 

For more information, please see https://rmdl.co.uk/investor-centre/

 


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 [email protected] or visit www.rns.com.
 
END
 
 
POSDKLFBBQLEBBD

Quick facts: RM Secured Direct Lending

Price: 80

Market: LSE
Market Cap: £97.01 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

RM Secured Direct Lending 'still has considerable buffer to meet its...

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls tells Proactive London's Andrew Scott they've still got a considerable buffer to meet its dividend targets. He says the number one focus currently is the management of the existing portfolio however Nicholls suspects opportunities...

on 23/4/20