Appointment of joint corporate broker

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Regulatory News | 07 Jul, 2020

Updated : 07:05

RNS Number : 1780S
RM Secured Direct Lending PLC
07 July 2020
 

RM Secured Direct Lending plc

LEI: 213800RBRIYICC2QC958

Appointment of joint corporate broker

 

7 July 2020

 

The Board of RM Secured Direct Lending plc ("the Board") is pleased to announce the appointment of Peel Hunt LLP ("Peel Hunt") as joint corporate broker, alongside Nplus1 Singer Advisory LLP ("Nplus1 Singer"), with immediate effect.

The Board appreciates and values the efforts of Nplus1 Singer, which have been an important element in bringing the Company to its present size and looks forward to working with both brokers to market the Company to as broad a range of shareholders as possible, thereby improving the rating the shares currently trade on, increasing secondary market liquidity for existing shareholders and spreading fixed costs across a greater asset base. This will also allow the Investment Manager to pursue opportunities currently available.

 

For further information, please contact:

 

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

 

0131 603 7060

 

Nplus1 Singer Advisory LLP

James Maxwell

Carlo Spingardi

 

0207 496 3000

Peel Hunt LLP

Luke Simpson

Liz Yong

 

0207 418 8900

Tulchan Group - Financial PR

Elizabeth Snow

Deborah Roney

 

0207 353 4200

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

Brian Smith

Ciara McKillop

 

0207 653 9690

About RM Secured Direct Lending

 

RM Secured Direct Lending Plc is a closed-ended investment trust established to invest in a portfolio of 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.

About RM Funds

RM Funds is a trading name of RM Capital Markets Limited, the Investment Manager to RM Secured Direct Lending PLC and VT RM Alternative Income Fund. RM Funds is a specialist in alternative fund management and manages $300m in assets. 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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