SQN Secured Income Fund PLC Director/PDMR Shareholding (6225E)

TIDMSSIF

RNS Number : 6225E

SQN Secured Income Fund PLC

09 May 2017

SQN SECURED INCOME FUND PLC

(THE "COMPANY" OR "SSIF")

(the "Company")

Director's Dealing

The Company was notified on 9 May 2017 that Mr Kenneth Hillen a director of the Company purchased 5,000 Ordinary Shares on 9 May 2017 at a price of 97.99p per share.

Following the purchase Mr Hillen is interested in 5,000 Ordinary Shares, representing 0.01% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 
  1.   Details of the person discharging 
        managerial responsibilities/person 
        closely associated 
----  ---------------------------------------------------------- 
 a)    Name:                             Kenneth Hillen 
----  --------------------------------  ------------------------ 
 2.    Reason for the notification 
----  ---------------------------------------------------------- 
 a)    Position/status:                  PDMR 
----  --------------------------------  ------------------------ 
 b)    Initial notification/Amendment:   Initial notification 
----  --------------------------------  ------------------------ 
 3.    Details of the issuer, emission 
        allowance market participant, 
        auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------- 
 a)    Name:                             SQN Secured Income 
                                          Fund plc 
----  --------------------------------  ------------------------ 
 b)    LEI:                               213800TR2S2TT6PKVH57 
----  --------------------------------  ------------------------ 
 4.    Details of the transaction(s): 
        section to be repeated for 
        (i) each type of instrument; 
        (ii) each type of transaction; 
        (iii) each date; and (iv) 
        each place where transactions 
        have been conducted 
----  ---------------------------------------------------------- 
 a)    Description of                    Ordinary shares 
        the financial                     of 1p each 
        instrument, type                  GB00BYMK5S87 
        of instrument: 
        Identification 
        code: 
----  --------------------------------  ------------------------ 
 b)    Nature of the                     Share purchase 
        transaction: 
----  --------------------------------  ------------------------ 
 c)    Price(s) and                        Price(s)   Volume(s) 
        volume(s):                         ---------  ---------- 
                                            97.99      5,000 
                                           ---------  ---------- 
----  --------------------------------  ------------------------ 
 d)    Aggregated information:           Single transaction 
                                          as in 4 c) above 
         *    Aggregated volume:          5,000 
                                          97.99 
 
         *    Price: 
----  --------------------------------  ------------------------ 
 e)    Date of the transaction:          2017-05-09 
----  --------------------------------  ------------------------ 
 f)    Place of the                      London Stock 
        transaction:                      Exchange 
----  --------------------------------  ------------------------ 
 

Enquiries

 
SQN Secured Income Fund plc  Richard Hills (Chairman)        T: [phone] 
Cantor Fitzgerald Europe     Sue Inglis (Corporate Finance)  T: [phone] 
Buchanan                     Charles Ryland                  T :[phone] 
                             Victoria Hayns 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 09, 2017 07:45 ET (11:45 GMT)