Company Update

RM Secured Direct Lending Plc

("RMDL" or the "Company")

LEI: 213800RBRIYICC2QC958

Company Update

Possible Equity Issue

RMDL, an investment trust specialising in secured debt investments, announces that it intends to explore options to raise further funds through a potential issue of new ordinary shares at a premium to net asset value under its existing authorities.

The Company's most recent monthly report, published on 15 July 2019 (the "Monthly Report", available to view on the Company's website via the link below), confirmed that RMDL continues to benefit from a strong pipeline and the Investment Manager remains confident in its ability to continue to originate and close high quality investments.

Furthermore, as indicated in the Monthly Report, the Company has utilised its RCF facility. It is intended that the proceeds of the proposed fundraise will enable the Investment Manager to further capitalise on the opportunities in its pipeline.    

Further details of any proposed fundraising, which will be subject to prevailing market conditions, will be announced in due course.

https://rmdl.co.uk/investor-centre/monthly-factsheets/

For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

Tel: 0131 603 7060

Nplus1 Singer Advisory LLP - Sponsor, Financial Adviser and Broker

Lauren Kettle

Tel: 020 7496 3000

Tulchan Group - Financial PR

Elizabeth Snow

Deborah Roney

Tel: 0207 353 4200

International Fund Management - AIFM

Chris Hickling   

Shaun Robert                                                            

Tel: 01481 737600

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

Anthony Lee

Ciara McKillop

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.