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Director/PDMR Shareholding

2nd Oct 2018 15:50

RNS Number : 7437C
GCP Asset Backed Income Fund Ltd
02 October 2018
 

 

GCP Asset Backed Income Fund Limited

("GCP Asset Backed" or the "Company")

LEI 213800FBBZCQMP73A815

Headline: Notification of transaction by persons discharging managerial responsibilities ("PDMR")

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Colin Huelin

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

GCP Asset Backed Income Fund Limited

 

b)

 

LEI

 

 

213800FBBZCQMP73A815

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 the financial instrument, type of instrument

 

Identification code

 

 

 C shares in the Company

 

 

 JE00BG0CTY49

b)

 

Nature of the transaction

 

 

Open Offer and Offer for Subscription

c)

 

Price(s) and volume(s)

 

 

Price

 

Volume(s)

100 pence per C share

14,600 C Shares

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Total Value

 

 

 

14,600 C shares

 

100 pence per C share

 

£14,600

e)

 

Date of the transactions

 

 

 2 October 2018

f)

 

Place of the transaction

 

 

 LSE (XLON)

 

 

Following the above transaction, Colin Huelin, the Non-Executive Director of the Company has a beneficial holding of 19,900 Ordinary Shares and 14,600 C Shares in the Company (either directly or through his self-invested personal pension plan, Caleh Limited) which represents 0.01% of the total voting rights of the Company.

For further information, please contact:

Gravis Capital Management Limited +44 (0) 20 3405 8500

David Conlon

[email protected]

Dion Di Miceli

[email protected]

Cenkos Securities plc

+44 (0)20 7397 8900

Tom Scrivens

[email protected]

Oliver Packard

[email protected]

Sapna Shah

[email protected]

Notes to Editors

The Company

The Company is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.

The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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