viewRM Secured Direct Lending

RM SecDirect Lending - Investment Manager's Holding

RNS Number : 3460T
RM Secured Direct Lending PLC
17 July 2020


RM Secured Direct Lending Plc


("RMDL" or the "Company")




Investment Manager's Holding


RMDL, an investment trust specialising in secured debt investments, announces that yesterday RM Capital Markets Limited (the "Investment Manager") acquired 25,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at 76.84 pence per share.


Under the Investment Manager Agreement (as amended on 12 May 2020), commencing on a quarterly basis from Q2 2020 the Investment Manager must apply up to 10 per cent. of its management fee received quarterly (subject to a minimum of £10,000 being so applied) subscribing and/or purchasing shares in RMDL.


Following the purchase, the Investment Manager's total holding of Ordinary Shares is 1,224,825. 


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

Deborah Roney

Elizabeth Snow

Tel: 0207 353 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


Peel Hunt LLP - Financial Adviser and Broker

Luke Simpson

Liz Yong



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/ 




About RM Funds


RM Funds is a trading name of RM Capital Markets Limited ("RM"). RM is the Investment Manager to RM Secured Direct Lending PLC. RM specialises in alternative credit fund management, sales & trading, foreign exchange, and capital markets and advisory. 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.

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.

Quick facts: RM Secured Direct Lending

Price: 80

Market: LSE
Market Cap: £95.81 m

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