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RDL Rdl Realisation Plc

59.70
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rdl Realisation Plc LSE:RDL London Ordinary Share GB00BW4NPD65 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 59.70 56.20 63.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ranger Direct Lending Fund PLC IFRS Implementation (1248G)

27/02/2018 3:06pm

UK Regulatory


Rdl Realisation (LSE:RDL)
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TIDMRDL

RNS Number : 1248G

Ranger Direct Lending Fund PLC

27 February 2018

27 February 2018

Ranger Direct Lending Fund PLC

(The "Company")

IFRS IMPLEMENTATION FOR RANGER DIRECT LENDING FUND PLC

IFRS 9 requires companies to make provisions based on future expected losses across their entire loan portfolio. Given the methodology the Company has applied in the past when interpreting IAS 39, the preliminary calculations as performed and reviewed by the Investment Manager and Fund Administrator implementing the new IFRS 9 standards show that any impact of the new standard will be immaterial for the Company. It should be noted that all IFRS 9 calculations will not be deemed final until completion of the 31 December 2017 audit.

For further information about this announcement contact:

 
 Link Company Matters Limited 
  Secretary                           +44 (0)1392 477 510 
 Ranger Alternative Management II,    via Redleaf Communications 
  LP 
  Scott Canon 
  Bill Kassul 
 Liberum 
  Joshua Hughes                       +44 (0)20 3100 2000 
 Media enquiries 
 Redleaf Communications               +44 (0)20 3757 6865 
  Elisabeth Cowell                     ranger@redleafpr.com 
  Robin Tozer 
 

LEI: 549300VGZSKYQ7C2U221

END OF ANNOUNCEMENT

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFKODKPBKDNBB

(END) Dow Jones Newswires

February 27, 2018 10:06 ET (15:06 GMT)

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