Marble Point Loan Financing Limited Share Buyback Authority and Programme (1390X)

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RNS Number : 1390X

Marble Point Loan Financing Limited

25 August 2020

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAW. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IT IS NOT AN OFFER TO PURCHASE, OR A SOLICITATION OF AN OFFER TO SELL, ANY NOTES OR OTHER SECURITIES.

25 AUGUST 2020

MARBLE POINT LOAN FINANCING LIMITED (the "Company")

Share Buyback Authority and Programme

The purpose of this announcement is to re-state the details of the Company's current share buyback authority and announce the initiation of the Company's share buyback programme.

At its annual general meeting held on 27 June 2019, the Company was granted the authority to repurchase up to 30,836,962 of its ordinary shares, representing 14.99% of the aggregate number of ordinary shares in issue at such date. Unless expressly revoked by shareholders, such authority shall expire at the Company's next annual general meeting. The Company expects to renew this authority at its next annual general meeting.

The Company intends, at its sole and absolute discretion and subject to prevailing market conditions, to exercise this authority from time to time pursuant to a share buyback programme and plans to engage Stifel Nicolaus Europe Limited to act as its broker in respect of any buyback transactions carried out pursuant to this programme.

A buyback of shares pursuant to the share buyback programme on any trading day may represent a significant proportion of the daily trading volume in the Shares on the Exchange (and could exceed the 25% limit of the average daily trading volume of the preceding 20 business days as referred to in the Commission Delegated Regulation (EU) No. 2016/1052 on buy-back programmes).

Shares repurchased may either be cancelled or held in treasury, at the Company's sole and absolute discretion.

The buyback programme may be cancelled or changed at any time at the Company's sole and absolute discretion.

Enquiries:

Marble Point Loan Financing Limited

Investor Relations

www.mplflimited.com

P: [phone]

E: [e-mail]

Corporate Broker:

Mark Bloomfield

Stifel Nicolaus Europe Limited

P: [phone]

Financial Public Relations

Charlie Barker / Catherine Chapman

MHP Communications

P: [phone]

[e-mail]

Past performance is not indicative or a guarantee of future performance.

This release contains inside information.

About Marble Point Loan Financing

Marble Point Loan Financing Ltd. (LSE Ticker: MPLF LN (USD); MPLS LN (GBX)) is a Guernsey-domiciled closed-ended investment company. MPLF's investment objective is to generate stable current income and grow net asset value by earning a return on equity in excess of the amount distributed as dividends.

MPLF is invested in a diversified portfolio of US dollar denominated, broadly syndicated floating rate senior secured corporate loans owned via collateralised loan obligations ("CLOs") and related vehicles managed by Marble Point Credit Management LLC ("Marble Point") or its affiliates. Marble Point is an investment adviser registered with the U.S. Securities and Exchange Commission.

About Marble Point Credit Management LLC

Marble Point Credit Management LLC ("Marble Point") is a specialist asset manager focused exclusively on leveraged loans. Marble Point was founded by Thomas Shandell in partnership with Eagle Point Credit Management, a leading investor in CLO securities. As at 31 March, 2020, Marble Point manages approximately $5.3 billion of assets across CLOs and other managed accounts.

IMPORTANT INFORMATION

Marble Point Loan Financing Limited (the "Company") is a closed-ended investment company incorporated in Guernsey with its ordinary shares ("Shares") admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange (ticker: MPLF.LN). The Company is invested in a diversified portfolio of US dollar denominated, broadly syndicated floating rate senior secured corporate loans via CLOs, loan accumulation facilities and other vehicles managed by Marble Point Credit Management LLC ("Marble Point") or its affiliates. Marble Point is an investment adviser registered with the U.S. Securities and Exchange Commission.

This document is for information purposes only and has been issued by, and is the sole responsibility of, the Company. This document and the information and views included herein do not constitute investment advice, or a recommendation or an offer to enter into any transaction with the Company or any of its affiliates. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of any investment and should consult its own legal counsel and financial, actuarial, accounting, regulatory and tax advisers to evaluate any such investment. This document is provided for informational purposes only, does not constitute an offer to sell shares issued by the Company (the "Shares") or a solicitation of an offer to purchase any such Shares in the United States, Australia, Canada, the Republic of South Africa, Japan or any other jurisdiction, and is not a prospectus. This document may not be relied upon and should not be used for the purpose of making any investment decision.

The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered or sold in the United States to, or for the account or benefit of, U.S. persons unless they are registered under applicable law or exempt from registration. The Company has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act.

Past performance is not a reliable indicator of current of future results. The value of investments may go down as well as up and investors may not get back any of the amount invested. The value of investments designated in another currency may rise and fall due to exchange rate fluctuations in respect of the relevant currencies. Adverse movements in currency exchange rates can result in a decrease in return and a loss of capital.

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August 25, 2020 13:15 ET (17:15 GMT)