RNS Number : 0819L
RM Secured Direct Lending PLC
16 April 2018
16 April 2018
RM Secured Direct Lending Plc
("RMDL" or the "Company")
Holdings in the Company and TVR
Investment Manager's Holding
RMDL, an investment trust specialising in secured debt investments, announces that RM Capital Markets Limited (the "Investment Manager") acquired 92,214 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at 101.70 pence per share on 16 April 2018. This purchase was made pursuant to the Investment Manager's commitment to invest 50 per cent. of its management fee, on a quarterly basis, in Ordinary Shares.
Following the purchase, the Investment Manager's total holding of Ordinary Shares is 773,823.
Total Voting Rights
At the date of this announcement, the issued share capital of the Company consists of 87,415,374 Ordinary Shares and 11,329,363 c shares of £0.10 each (the "C Shares"), with each share carrying one voting right. The Company does not hold any Ordinary Shares in Treasury.
Therefore, the total number of voting rights in the Company is 98,744,737 (the 'Figure').
The 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 in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
RM Capital Markets Limited - Investment Manager
Tel: 0131 603 7060
Nplus1 Singer Advisory LLP - Sponsor, Financial Adviser and Broker
Tel: 020 7496 3000
Tulchan Group - Financial PR
James Macey White
Tel: 0207 353 4200
International Fund Management - AIFM
Tel: 01481 737600
PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary
Tel: 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 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.
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