Ranger Direct Lending Fund PLC Net Asset Value(s) (1426B)

TIDMRDL

RNS Number : 1426B

Ranger Direct Lending Fund PLC

05 January 2018

5 January 2018

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 November 2017 was:

Ordinary Share:

   ISIN    GB00BW4NPD65 
   cum-income* basis was US$13.32       (Sterling equivalent amount being GBP9.86) 
   ex-income** basis was US$13.79        (Sterling equivalent amount being GBP10.21) 

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.

LEI: 549300VGZSKYQ7C2U221

For further information, please contact:

 
 Link Company Matters Limited    [phone] 
 Secretary 
 
 Ranger Capital Group            Via Redleaf PR 
 Bill Kassul 
 Scott Canon 
 
 Liberum Capital Limited 
  Joshua Hughes                  [phone] 
 
 Media Enquiries 
 Redleaf Communications          [phone] 
 Elisabeth Cowell 
 Robin Tozer 
 
 

END OF ANNOUNCEMENT

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 05, 2018 10:38 ET (15:38 GMT)