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VTA Volta Finance Limited

5.035
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Volta Finance Limited LSE:VTA London Ordinary Share GG00B1GHHH78 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.035 4.82 5.25 5.035 5.035 5.035 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 38.25M 26.97M 0.7374 5.83 157.3M

Volta Finance Ld Volta Finance Limited - Directorate Change

17/05/2021 10:00am

UK Regulatory


 
TIDMVTA 
 
 
   Volta Finance Limited (VTA/VTAS) 
 
   Directorate Change 
 
   NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, 
 
   IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES 
 
   Guernsey, 17 May 2021 
 
   The Board of Volta Finance Limited is pleased to announce the 
appointment of Dagmar Kent Kershaw as an independent non-executive 
director, with effect from 30 June 2021. 
 
   Ms Kershaw is an experienced non-executive director, with over 25 years' 
experience in financial markets, leading and developing fund management 
and alternative debt businesses. She headed Prudential M&G's debt 
private placement activities, and launched its Structured Credit 
business in 1998, which she led for ten years. In 2008, she joined 
Intermediate Capital Group to head its European and Australian credit 
business including institutional funds, CLOs, direct lending and hedge 
funds.  Since 2017, she has held non-executive positions and is 
currently a director of Brooks Macdonald plc and Aberdeen Smaller 
Companies Income Trust Plc, and a member of the Advisory Council of SVP 
Global (Strategic Value Partners, LLC). Ms Kent Kershaw holds a BA in 
Economics and Economic History from York University 
 
   Commenting on the appointment, Paul Meader, Company Chairman said "With 
the retirement of Paul Varotsis at the forthcoming AGM, we are delighted 
to welcome Dagmar to the board of Volta. Not only does she have enormous 
experience in structured finance, she is also a highly experienced 
director. We greatly look forward to her contribution." 
 
   Regulatory Disclosure 
 
   Ms Kershaw holds the following directorships of publicly quoted 
companies in the five years prior to the date of her appointment: 
 
 
   -- Brooks Macdonald Group Plc 
 
   -- Aberdeen Smaller Companies Income Trust Plc 
 
 
   There is no information concerning Ms Kershaw which is required to be 
disclosed pursuant to Listing Rule 9.6.13 R (2) to (6) inclusive. 
 
   For further information, please contact: 
 
   For the Investment Manager 
 
   AXA Investment Managers Paris 
 
   Serge Demay 
 
   serge.demay@axa-im.com 
https://www.globenewswire.com/Tracker?data=MqGnAtFqTKRu7L2hIHWmw9cH9mVZIKCvGX4ZTOTS6bGfWTDlZPvdofT1pOECBtY8GVcshEN1WcThOxmBR6Z2d3gNWv42JDwmZ16mpBlqG6w= 
 
 
   +33 (0) 1 44 45 84 47 
 
   Company Secretary and Administrator 
 
   BNP Paribas Securities Services S.C.A, Guernsey Branch 
 
   guernsey.bp2s.volta.cosec@bnpparibas.com 
https://www.globenewswire.com/Tracker?data=uGfK24PMBVjHmkcTiHjM_BX0TCpc58POIDFYASNDnNQ7Nhl83fYTsxjGAmoB_RgH5DJu8K4JFhQ25kgmqVDjyp-4Olm-lImNqRRIi4JNLlYMDSItikLLMNzxb9P_F2biyX8okWa08lHWJVSc-PxO9K2k0w1hjFMb67Weudgn4LltV3Dfssk7wkZ6_celPK7Khh2mMVb4U7H-rXzSF8hhKg_8PSoXdLNbHWEV31Hkufvndm-MpfaukNG1HkcCbsAlrvokFF9kP7fA7kfeGpb5sB1Cx2_1x8K1RNpQcPA0l5JqG_afyRS0MPBhh-BsihsVdXLtoxH9EBl8YBLO1gQZ-TSA_T50mrtNCqD7MiVothkUA-MrjLD8rlFX4nJE7OIL 
 
 
   +44 (0) 1481 750 853 
 
   Corporate Broker 
 
   Cenkos Securities plc 
 
   Andrew Worne 
 
   Daniel Balabanoff 
 
   Will Talkington 
 
   +44 (0) 20 7397 8900 
 
   ***** 
 
   ABOUT VOLTA FINANCE LIMITED 
 
   Volta Finance Limited is incorporated in Guernsey under The Companies 
(Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and 
the London Stock Exchange's Main Market for listed securities. Volta's 
home member state for the purposes of the EU Transparency Directive is 
the Netherlands. As such, Volta is subject to regulation and supervision 
by the AFM, being the regulator for financial markets in the 
Netherlands. 
 
   Volta's investment objectives are to preserve capital across the credit 
cycle and to provide a stable stream of income to its shareholders 
through dividends. Volta seeks to attain its investment objectives 
predominantly through diversified investments in structured finance 
assets. The assets that the Company may invest in either directly or 
indirectly include, but are not limited to: corporate credits; sovereign 
and quasi-sovereign debt; residential mortgage loans; and, automobile 
loans. The Company's approach to investment is through vehicles and 
arrangements that essentially provide leveraged exposure to portfolios 
of such underlying assets. The Company has appointed AXA Investment 
Managers Paris an investment management company with a division 
specialised in structured credit, for the investment management of all 
its assets. 
 
   ***** 
 
   ABOUT AXA INVESTMENT MANAGERS 
 
   AXA Investment Managers (AXA IM) is a multi-expert asset management 
company within the AXA Group, a global leader in financial protection 
and wealth management. AXA IM is one of the largest European-based asset 
managers with 679 investment professionals and EUR858 billion in assets 
under management as of the end of December 2020 
 
   ***** 
 
   This press release is published by AXA Investment Managers Paris ("AXA 
IM"), in its capacity as alternative investment fund manager (within the 
meaning of Directive 2011/61/EU, the "AIFM Directive") of Volta Finance 
Limited (the "Volta Finance") whose portfolio is managed by AXA IM. 
 
   This press release is for information only and does not constitute an 
invitation or inducement to acquire shares in Volta Finance. Its 
circulation may be prohibited in certain jurisdictions and no recipient 
may circulate copies of this document in breach of such limitations or 
restrictions. This document is not an offer for sale of the securities 
referred to herein in the United States or to persons who are "U.S. 
persons" for purposes of Regulation S under the U.S. Securities Act of 
1933, as amended (the "Securities Act"), or otherwise in circumstances 
where such offer would be restricted by applicable law. Such securities 
may not be sold in the United States absent registration or an exemption 
from registration from the Securities Act. Volta Finance does not intend 
to register any portion of the offer of such securities in the United 
States or to conduct a public offering of such securities in the United 
States. 
 
   ***** 
 
   This communication is only being distributed to and is only directed at 
(i) persons who are outside the United Kingdom or (ii) investment 
professionals falling within Article 19(5) of the Financial Services and 
Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) 
high net worth companies, and other persons to whom it may lawfully be 
communicated, falling within Article 49(2)(a) to (d) of the Order (all 
such persons together being referred to as "relevant persons"). The 
securities referred to herein are only available to, and any invitation, 
offer or agreement to subscribe, purchase or otherwise acquire such 
securities will be engaged in only with, relevant persons. Any person 
who is not a relevant person should not act or rely on this document or 
any of its contents. Past performance cannot be relied on as a guide to 
future performance. 
 
   ***** 
 
   This press release contains statements that are, or may deemed to be, 
"forward-looking statements". These forward-looking statements can be 
identified by the use of forward-looking terminology, including the 
terms "believes", "anticipated", "expects", "intends", "is/are expected", 
"may", "will" or "should". They include the statements regarding the 
level of the dividend, the current market context and its impact on the 
long-term return of Volta Finance's investments. By their nature, 
forward-looking statements involve risks and uncertainties and readers 
are cautioned that any such forward-looking statements are not 
guarantees of future performance. Volta Finance's actual results, 
portfolio composition and performance may differ materially from the 
impression created by the forward-looking statements. AXA IM does not 
undertake any obligation to publicly update or revise forward-looking 
statements. 
 
   Any target information is based on certain assumptions as to future 
events which may not prove to be realised. Due to the uncertainty 
surrounding these future events, the targets are not intended to be and 
should not be regarded as profits or earnings or any other type of 
forecasts. There can be no assurance that any of these targets will be 
achieved. In addition, no assurance can be given that the investment 
objective will be achieved. 
 
   The figures provided that relate to past months or years and past 
performance cannot be relied on as a guide to future performance or 
construed as a reliable indicator as to future performance. Throughout 
this review, the citation of specific trades or strategies is intended 
to illustrate some of the investment methodologies and philosophies of 
Volta Finance, as implemented by AXA IM. The historical success or AXA 
IM's belief in the future success, of any of these trades or strategies 
is not indicative of, and has no bearing on, future results. 
 
   The valuation of financial assets can vary significantly from the prices 
that the AXA IM could obtain if it sought to liquidate the positions on 
behalf of the Volta Finance due to market conditions and general 
economic environment. Such valuations do not constitute a fairness or 
similar opinion and should not be regarded as such. 
 
   Editor: AXA INVESTMENT MANAGERS PARIS, a company incorporated under the 
laws of France, having its registered office located at Tour Majunga, 6, 
Place de la Pyramide - 92800 Puteaux. AXA IMP is authorized by the 
Autorité des Marchés Financiers under registration number 
GP92008 as an alternative investment fund manager within the meaning of 
the AIFM Directive. 
 
   ***** 
 
 
 
 

(END) Dow Jones Newswires

May 17, 2021 05:00 ET (09:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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