Ranger Direct Lending Fund PLC Net Asset Value(s) (5695V)

TIDMRDL

RNS Number : 5695V

Ranger Direct Lending Fund PLC

03 November 2017

3 November 2017

Ranger Direct Lending Fund PLC

(The "Company")

MONTHLY NET ASSET VALUE PER SHARE

The net asset value per share ("NAV") of the shares in the Company as at the close of business on 30 September 2017 was:

Ordinary Share:

   ISIN    GB00BW4NPD65 
   cum-income* basis was US$14.81       (Sterling equivalent amount being GBP11.05) 
   ex-income** basis was US$14.07        (Sterling equivalent amount being GBP10.50) 

This NAV has been calculated by Sanne Fiduciary Services Limited.

*Cum-income NAV includes all current year income, less the value of any dividends paid in respect of the period together with the value of any dividends which have been declared and marked ex-dividend but not yet paid. For the avoidance of doubt, dividends relating to previous financial years are recognised as and when declared.

**Ex-income NAV is the Cum-income NAV excluding net current year income (net current year income being all current year income, less the value of any dividends paid in respect of the period together with the value of any dividends which have been declared and marked ex-dividend but not yet paid). Any undistributed income from the prior year is moved to retained earnings on the first business day of the new period, meaning that an ex-income NAV released during a financial year equates to the cum-income NAV less year to date undistributed income.

This document is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.

For further information about this announcement contact:

 
 Capita Company Secretarial 
  Services Limited                  Tel: [phone] 
                                    510 
 Secretary 
 Ranger Alternative Management    via Redleaf Communications 
  II, LP 
  Scott Canon 
  Bill Kassul 
 
 Media enquiries 
 Redleaf Communications 
  Elisabeth Cowell 
  Robin Tozer 
 
  LEI: 549300VGZSKYQ7C2U221       [phone] 
 

END OF ANNOUNCEMENT

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 03, 2017 11:45 ET (15:45 GMT)