VPC Specialty Lending Invest. PLC Dividend Declaration (6380W)

TIDMVSL

RNS Number : 6380W

VPC Specialty Lending Invest. PLC

16 November 2017

16 November 2017

VPC Specialty Lending Investments PLC

(the "Company")

DIVIDEND DECLARATION

The Board of Directors of the Company has declared an interim dividend of 1.80 pence per share for the three-month period to 30 September 2017, which is an increase from the Q1 and Q2 dividends of 1.50 and 1.70 pence per share, respectively. The dividend will be paid on 14 December 2017 to shareholders on the register as at 24 November 2017. The ex-dividend date is 23 November 2017.

The Company has elected to designate all of the interim dividend for the three-month period to 30 September 2017 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income. No income tax will therefore be deducted at source from this, or from future interest distributions.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Victory Park Capital 
  Brendan Carroll (Senior Partner        via MHP (below) 
  and Co-Founder) 
  Gordon Watson (Partner, Investment 
  Manager) 
 
 Jefferies International Limited       Tel: [phone] 
 Gary Gould 
 Andrew Morris 
 
 MHP (PR Adviser)                      Tel: [phone] 
 Mark Lunn                             Email: [e-mail] 
  Tim Rowntree 
  Kelsey Traynor 
 

About VPC Specialty Lending Investments PLC:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia and Europe) and credit bands.

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $5.2 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com

This information is provided by RNS

The company news service from the London Stock Exchange

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November 16, 2017 02:01 ET (07:01 GMT)