RDL Realisation PLC Portfolio Update (7023B)

TIDMRDL

RNS Number : 7023B

RDL Realisation PLC

12 October 2020

12 October 2020

   RDL  Realisation   Plc 

("RDL" or the "Company")

Portfolio Update

The Company today provides the following update on its investment portfolio as of 31 August 2020. All

figures   are unaudited and based on  management accounts. 

The table below is an unaudited summary of the Company's investment portfolio and cash position as of 31 August 2020:

 
     Platform                            31/8/2020            31/7/2020 
                                        (USD million)        (USD million) 
 
     SME/CRE Loans Platform                 $4.1                 $4.1 
     Vehicle Services Contract 
      Platform                              $0.2                 $0.2 
     Real Estate Loans Platform             $7.8                 $7.8 
     International SME Lending 
      Platform                              $0.5                 $1.0 
     Equipment Loans Platform               $0.0                 $0.1 
 
     Portfolio Total                       $12.6                $13.2 
 
     Cash held by RDL                           $ 6.8                $ 6.2 
 
     Grand Total                                $19.4                $19.4 
 

Significant Events during August 2020:

Approximately $0.6 USD million cash was collected on the International SME Lending Platform as a result of ongoing restructuring and negotiations.

Collections aggregating approximately $100,000 across several platforms offset expenses of approximately $100,000 in August.

Significant Events since 31 August 2020:

None

   For  further   information,  please  contact: 
   Link   Company  Matters  Limited 
   Secretary                                        +44   (0)1392   477571 

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October 12, 2020 02:00 ET (06:00 GMT)