Portfolio Update
Updated : 07:05
23 December 2020
RDL Realisation Plc
("RDL" or the "Company")
Portfolio Update
The Company today provides the following update on its investment portfolio as of 30 November 2020. All figures are unaudited and based on management accounts.
The table below is an unaudited summary of the Company's investment portfolio and cash position as of 30 November 2020:
Platform | 30/11/2020 (USD million) | 31/10/2020 (USD million) |
|
|
|
SME/CRE Loans Platform | $4.1 | $4.1 |
Vehicle Services Contract Platform | $0.2 | $0.2 |
Real Estate Loans Platform | $7.8 | $7.8 |
International SME Lending Platform | $0.4 | $0.6 |
|
|
|
|
|
|
Portfolio Total | $12.5 | $12.7 |
|
|
|
Cash held by RDL | $ 6.9 | $ 6.7 |
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|
|
Grand Total | $19.4 | $19.4 |
Significant Events during November 2020:
We received a collection of approximately $250k CAD from the International SME Lending Platform.
Significant Events since 30 November 2020:
The Vehicle Services Contract Platform has experienced financial improvement during the year. As a result of this improvement, the valuation of this exposure, as determined by an independent third party valuer, has been increased to US$3.7 million as of 11 December 2020, representing a gain of approximately US$3.5 million.
On 10 December 2020, the Directors of the Company declared a special dividend of £0.16 per ordinary share (equivalent US$0.21 per ordinary share) (the "Special Dividend"). The Special Dividend will be paid on 15 January 2021 to shareholders on the register as of 18 December 2020. The ex-dividend date was 17 December 2020. The Company elected to designate all of the Special Dividend as a dividend distribution to its shareholders.
For further information, please contact:
Link Company Matters Limited
Secretary +44 (0)1392 477571
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