ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

FCIF Funding Circle Sme Income Fund Limited

82.70
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Funding Circle Sme Income Fund Limited LSE:FCIF London Ordinary Share GG00BYYJCZ96 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 82.70 82.40 83.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Funding Circle SME Income Fund Ltd Holding(s) in Company (7668W)

13/02/2017 4:48pm

UK Regulatory


Funding Circle Sme Income (LSE:FCIF)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Funding Circle Sme Income Charts.

TIDMFCIF

RNS Number : 7668W

Funding Circle SME Income Fund Ltd

13 February 2017

Funding Circle SME Income Fund Limited (FCIF)

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

*****

13 February 2017

Notification of Major Interests in Shares

The Company announces that it has received the following TR-1 Notification which is set out below.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                   Funding Circle SME Income 
  the underlying issuer                                                                      Fund Limited 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
----------------------------------------------------------------  --------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                           X 
-------------------------------------------------------------------  ------------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------------------  ------------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------------  ------------------------------------ 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------  ------------------------------------ 
 Other (please 
  specify): 
----------------------------------------------------------  -------  ------------------------------------ 
 3. Full name of person(s)                                     Aberdeen Asset Managers Limited 
  subject to the                                                (and/or acting for its affiliates) 
  notification obligation:                                      as discretionary investment 
  (iii)                                                         manager on behalf of multiple 
                                                                managed portfolios 
------------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                                              11 February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                                 13 February 2017 
  notified: 
------------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                               10% & 11% of both total voting 
  crossed or                                                                  rights under management and 
  reached: (vi, vii)                                                            voting rights attached to 
                                                                                                   shares 
------------------------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                   Resulting situation after the 
  of             to the triggering                    triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  -----------------------------------  ------------------------------------------------------------------ 
                Number            Number             Number          Number of                % of voting 
                 of                of                 of shares       voting                   rights (x) 
                 Shares            Voting                             rights 
                                   Rights 
-------------  ----------------  -----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
-------------      ------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 GG00BYYJCZ96     10,455,382         10,455,382       19,512,882                19,512,882                    11.83% 
-------------  ----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                          Number of voting           % of voting 
 financial           date            Conversion                         rights that                rights 
 instrument          (xiii)          Period (xiv)                       may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 Right to recall 
  lent shares                                                          169,700                    0.10% 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration       Exercise/         Number of voting           % of voting 
 financial         price          date             Conversion         rights instrument          rights (xix, 
 instrument                       (xvii)           period             refers to                  xx) 
                                                   (xviii) 
---------------  --------------  ---------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  ---------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 19,682,582                                            11.93% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------- 
 
   Aberdeen Asset Management PLC 
   Aberdeen Asset Managers Limited (11.84%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ---------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ---------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ---------------------------------- 
 
                                                                The increase in assets is 
  13. Additional information:                                   due to Aberdeen Fund Managers 
                                                                Limited being appointed as 
                                                                Alternative Investment Fund 
                                                                Manager for Aberdeen Diversified 
                                                                Income and Growth Trust plc 
                                                                (formerly BlackRock Income 
                                                                Strategies Trust plc). Aberdeen 
                                                                Fund Managers Limited has 
                                                                delegated portfolio management 
                                                                to Aberdeen Asset Managers 
                                                                Limited. The voting rights 
                                                                are in the control of Aberdeen 
                                                                Asset Managers Limited. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name: 
                                                                  Ben Van Loon 
-------------------------------------------------------------  ---------------------------------- 
 
 15. Contact telephone number:                                    +44(0)1224 404090 
-------------------------------------------------------------  ---------------------------------- 
 
 

CONTACTS

Richard Boleat, Chairman

+44 (0) 1534 615 656

Richard.Boleat@fcincomefund.com

Secretary and Administrator

Sanne Group (Guernsey) Limited

FundingCircle@sannegroup.com

+44 (0) 1481 739810

Media Contact

David de Koning

Natasha Jones

+44 (0) 20 3667 2245

ir@fundingcircle.com

Corporate Brokers

Numis Securities

Nathan Brown

+44 (0) 207 260 1000

n.brown@numis.com

Website

www.fcincomefund.com

*****

ABOUT FUNDING CIRCLE SME INCOME FUND

The Company is a registered closed-ended collective investment scheme registered pursuant to the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended and the Registered Collective Investment Scheme Rules 2015 issued by the Guernsey Financial Services Commission ("GFSC").

The Company's investment objective is to provide shareholders with a sustainable and attractive level of dividend income, primarily by way of investment in Credit Assets as defined in the Company's Prospectus.

*****

IMPORTANT NOTICES

This announcement contains "forward-looking" statements, beliefs or opinions. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the control of the Company and all of which are based on its directors' current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as "believes", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "projects", "continues", "assumes", "positioned" or "anticipates" or the negative thereof, other variations thereon or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events, assumptions or intentions. These forward-looking statements include all matters that are not historical facts. Forward-looking statements may and often do differ materially from actual results. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of the Board or the Company with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business concerning, amongst other things, the financial performance, liquidity, prospects, growth and strategies of the Company. These forward-looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the Company. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. The forward-looking statements contained in this announcement speak only as of the date of this announcement. Nothing in this announcement is, or should be relied on as, a promise or representation as to the future. The Company disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law, the Prospectus Rules, the Listing Rules or the Disclosure Rules and Transparency Rules of the FCA. No statement in this announcement is intended as a forecast or profit estimate.

Neither this announcement nor any copy of it may be made or transmitted into the United States of America (including its territories or possessions, any state of the United States of America and the District of Columbia) (the "United States"), or distributed, directly or indirectly, in the United States or to US Persons (as such term is defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act"). Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada, Japan or South Africa or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of United States, Australian, Canadian, Japanese or South African securities laws. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for securities in the United States, Australia, Canada, Japan or South Africa or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

*****

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAKADFLKXEFF

(END) Dow Jones Newswires

February 13, 2017 11:48 ET (16:48 GMT)

1 Year Funding Circle Sme Income Chart

1 Year Funding Circle Sme Income Chart

1 Month Funding Circle Sme Income Chart

1 Month Funding Circle Sme Income Chart

Your Recent History

Delayed Upgrade Clock