Return of Capital
Updated : 14:51
9 April 2021
KKV Secured Loan Fund Limited
("the Company")
LEI: 2138007S3YRY3IUU4W39
RETURN OF CAPITAL
The Board of Directors of KKV Secured Loan Fund Limited (the "Company") is pleased to announce that it has resolved to return an amount of 5.5 pence per share to Ordinary Shareholders, being £ 19.6m based on the current number of shares in issue, and to return an amount of 6 pence per share to C Shareholders, being £8,335,453 (the "Distributions").
This return of capital will be effected by way of an issue of redeemable B and D shares to existing shareholders pro rate to their shareholding on the record date set out below and the subsequent redemption of those shares.
It is expected that the timetable for the return of capital will be as follows:
Wednesday 21 April 2021 | Ex-Date |
Thursday 22 April 2021 | record date for shareholders on the register to receive B or D shares |
Friday 23 April 2021 | B shares issued pro-rata to Ordinary shareholders on the register as at the record date D shares issued pro-rate to C Share Class Shareholders on the register as at the record date |
Friday 23 April 2021 | B shares redeemed and cancelled D shares redeemed and cancelled |
Friday 30 April 2021 | cheques in relation to the redemption payment sent to shareholders that hold their shares in certificated form |
Friday 30 April 2021 | redemption payment made through CREST to shareholders who hold their shares in uncertificated form |
Tuesday 4 May 2021 | payment date for CREST and certificated shareholders. |
All redemption payments will be paid gross of tax.
For further information please contact:
KKV Secured Loan Fund Limited
| Brett Miller via the Company Secretary |
KKV Investment Management Ltd Catherine Halford Riera Dawn Kendall
|
020 7429 2200 07824 789142
|
BNP Paribas Securities Services S.C.A., Guernsey Branch Company Secretary
| 01481 750 853
|
Winterflood Securities Limited Neil Langford Chris Mills | 020 3100 0000 |
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