Loan Portfolio Sale

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

LEI: 213800NWMK3O4UWP9N91

20^th September 2021

LendInvest plc

("LendInvest" or "the Company")

£100m Buy-to-Let Sale to J.P. Morgan

LendInvest plc (LSE: LINV), the leading technology driven asset manager for property finance, is pleased to announce the sale of a £100m Buy-to-Let portfolio to J.P. Morgan.

Highlights:

·  The portfolio will sit within J.P. Morgan's Separate Account Mandate and will increase the total Separate Account capacity from £625m to £725m.

·  The portfolio sale will generate a net increase of profit before tax for the current financial year of £1.6m.

·  The transaction is in line with LendInvest's strategy of transferring assets under management originated via our Genesys platform into third party accounts and fund structures, and similar transactions may be carried out in future.

·   Whilst the sale will bring forward certain profits arising from the first half of the 2023 financial year into the current financial year, the Board remains confident with current market expectations for FY23 and beyond.

Background:

In January 2021 LendInvest completed the establishment of a Separate Account Mandate with J.P. Morgan with a total capacity of £625m. This investment in our Buy-to-Let product expands our capacity to lend in this market, while providing J.P. Morgan with exposure to Buy-to-Let mortgages which have been originated via LendInvest's proprietary technology platform.

LendInvest has an ongoing arrangement with J.P. Morgan to allocate a portion of monthly Buy-to-Let originations to its Separate Account. This transaction transfers £100m of previously originated Buy-to-Let loans into that Separate Account, growing its capacity from £625m to £725m. The consideration being paid by J.P. Morgan is in line with the existing terms of the ongoing arrangement, as described in the Company's AIM Admission Document, together with an incremental payment of £1.67m.

This sale is representative of the growing appetite of global institutions to invest in mortgages through LendInvest. It follows our announcement in August 2021 where we reported a £150m partnership with Barclays and HSBC to provide short-term finance to property entrepreneurs around the UK.

Rod Lockhart, Chief Executive of LendInvest, commented:

"I am very pleased to be able to announce this transaction so soon after our IPO. The sale is an opportunity to deepen our Separate Account with J.P. Morgan, made possible by strong market conditions and good performance in our Buy-to-Let portfolio over recent months.

It is representative of our continued momentum in attracting some of the world's most sophisticated investors. Genesys, our proprietary technology platform, and broker-focused model allows LendInvest to efficiently originate property finance loans, providing partners with access to an asset class with attractive risk-adjusted returns.

This transaction reflects our intentions at IPO to move more assets off our balance sheet over time, seek to take these profitable opportunities when they present themselves, and strengthen our funds management business model."

- Ends -

Enquiries:

LendInvest                                                                             via Tulchan Communications

Rod Lockhart, Chief Executive Officer                                   +44 20 7353 4200

Michael Evans, Chief Financial Officer

Leigh Rimmer, Senior PR Manager                                                                                                           

investorrelations@lendinvest.com       

Berenberg (Nominated Advisor and Broker)                    +44 20 3207 7800

Alex Reynolds                                                                        

Jack Botros

Tulchan Communications (Financial PR)                          +44 20 7353 4200

Tom Murray

Matt Low                                                                                

Important Notices

The information contained within this announcement is deemed by LendInvest to constitute inside information as stipulated under the UK Market Abuse Regulation. By the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of LendInvest is Rod Lockhart.

The information contained in this announcement is for information purposes only.  This announcement has been prepared in accordance with English law, the UK Market Abuse Regulation and the AIM Rules for Companies and information disclosed may not be the same as that which would have been prepared in accordance with the laws of jurisdictions outside England.

Subject to the requirements of the UK Market Abuse Regulation and the AIM Rules for Companies, the delivery of this announcement shall not create any implication that there has been no change in the affairs of LendInvest since the date of this announcement or that the information in this announcement is correct as at any time subsequent to its date.

Forward-looking statements

Certain statements in this announcement are forward-looking statements. In some cases, these forward looking statements can be identified by the use of forward looking terminology including the terms "anticipate", "believe", "intend", "estimate", "expect", "may", "will", "seek", "continue", "aim", "target", "projected", "plan", "goal", "achieve" and words of similar meaning or in each case, their negative, or other variations or comparable terminology. These forward looking statements reflect LendInvest's current expectations concerning future events and speak only as of the date of this announcement.  No statement in this announcement is intended as a profit forecast or estimate for any period.

Many factors may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results, performance or achievements of the Company to differ materially from the expectations of the Company, include, among other things, general business and economic conditions globally, industry trends, competition, changes in government and changes in regulation and policy, including in relation to the environment, health and safety and taxation, labour relations and work stoppages, interest rates and currency fluctuations, changes in its business strategy, political and economic uncertainty and other factors. Such forward-looking statements should therefore be construed in light of such factors. Neither the Company nor any of its Directors, officers or advisers provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur.