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RM Secured Direct Lending focused on a 6.5p divi in 2018

Pietro Nicolls and James Robson from RM Secured Direct Lending PLC (LON:RMDL) catch up with Proactive's Andrew Scott on their investment portfolio which now numbers 26 across 16 sectors.

Nicolls adds that the company has declared a first-year dividend of 4.2p, exceeding expectations.

Robson says that in response to demand the company will be opening itself up to retail investors while looking to raise up to £40mln.

Quick facts: RM Secured Direct Lending

Price: 99.5 GBX

LSE:RMDL
Market: LSE
Market Cap: £111.66 m
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RM Secured Direct Lending eyes raising on the back of strong YTD performance

RM Secured Direct Lending (LON:RMDL) tells Proactive London that strong year to date figures mean it's seeking to raise up to £10mln from City institutions to continue investing in its “strong pipeline”. Head of Sourcing and Origination Pietro NIcholls is keen to underline the company's 'steady...

on 18/10/19

RNS

Result of Placing

5 days, 9 hours ago

Update re: Proposed Placing

1 week, 5 days ago

Dividend Declaration

1 week, 6 days ago

Holding(s) in Company

3 weeks ago

Proposed Placing

on 17/10/19

Net Asset Value(s)

on 16/10/19

2 min read