Investment Manager's Holding
RM Secured Direct Lending Plc
("RMDL" or the "Company")
LEI: 213800RBRIYICC2QC958
Investment Manager's Holding
RMDL, an investment trust specialising in secured debt investments, announces that yesterday RM Capital Markets Limited (the "Investment Manager") acquired 25,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at 76.84 pence per share.
Under the Investment Manager Agreement (as amended on 12 May 2020), commencing on a quarterly basis from Q2 2020 the Investment Manager must apply up to 10 per cent. of its management fee received quarterly (subject to a minimum of £10,000 being so applied) subscribing and/or purchasing shares in RMDL.
Following the purchase, the Investment Manager's total holding of Ordinary Shares is 1,224,825.
For further information, please contact:
RM Capital Markets Limited - Investment Manager |
James Robson |
Pietro Nicholls |
Tel: 0131 603 7060 |
International Fund Management - AIFM |
Chris Hickling |
Shaun Robert |
Tel: 01481 737600 |
Tulchan Group - Financial PR |
Deborah Roney |
Elizabeth Snow |
Tel: 0207 353 4200 |
PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary |
Brian Smith |
Ciara McKillop |
Tel: 020 7653 9690 |
Nplus1 Singer Advisory LLP - Financial Adviser and Broker |
James Maxwell |
Carlo Spingardi
|
Peel Hunt LLP - Financial Adviser and Broker |
Luke Simpson |
Liz Yong |
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.