LIV2 Analysis of Loan Portfolio

THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

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11 October 2019

 LENDINVEST SECURED INCOME PLC

 LIV2 - Analysis of Loan Portfolio

LendInvest Secured Income plc (the "Company"), a wholly owned subsidiary of LendInvest Limited ("LendInvest"), the marketplace for property finance, has published an Analysis of Loan Portfolio assets (minus cash) for the three months up to 30 September 2019.

Highlights include: 

·; Percentage of Portfolio secured by first-ranking legal charge: 100%

·; Weighted average LTV ratio of the Portfolio: 64%

·; Interest coverage ratio: 180%

·; Location of property outside Greater London (given as a percentage of the Portfolio): 49%

To view the full document, please paste the following URL into the address bar of your browser: https://www.lendinvest.com/wp-content/uploads/2019/10/Analysis-of-Loan-Portfolio-Q3-2019-LIV2.pdf

LendInvest has also provided an update on its own trading and business highlights for the six months to 30 September 2019. 

Fundraising highlights: 

·; Secured £200 million investment from HSBC UK to enter the regulated home loan market (April)

·; Securitised £259 million of UK prime Buy-to-Let mortgage loans in an oversubscribed RMBS transaction that was AAA-rated (83%) by Moody's and Fitch (June)

·; Secured £200 million investment from the National Australia Bank to expand reach in Buy-to-Let market (August)

·; Raised £38 million in gross inflows into our flagship Real Estate Opportunity Fund, taking the NAV to £217 million representing an increase of 11% (from 1 April to 31 August 2019)

·; Lending capital base for the business now over £1.8 billion (at end September)

Operational highlights: 

·; £2.5 billion cumulative lending, since inception to 30 September 2019

·; £500 million total loan originations between 1 April to 30 September 2019 (up over 70% compared to the same period last year)

·; 65% borrower repeat rate (short-term borrower repeat rate by £)

Christian Faes, Co-Founder & CEO of LendInvest, commented: "In recent months, we've successfully securitised £259 million of UK prime buy-to-let loan assets in an oversubscribed RMBS transaction that received a AAA rating, as well as attracted new investment from a number of institutional investors, including HSBC and the National Australian Bank. We continue to execute our business plan, build the most advanced technology in the market, and take market share in the UK mortgage market." 

For further information, please contact:Carmen Dixon | [email protected] | +44 (0)203 846 6820

IMPORTANT INFORMATION 

This announcement is released by LendInvest Secured Income plc and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the bond programme mentioned above.For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Christian Faes, director of LendInvest Secured Income plc.

This announcement is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended, and/or Part VI of the Financial Services and Markets Act 2000 (the "FSMA"). A prospectus dated 19 October 2018 (the "Base Prospectus") together with final terms dated 24 October 2018 (the "Final Terms") have been prepared and made available to the public as required by Part VI of the FSMA. Investors should not subscribe for any Bonds except on the basis of information in the Prospectus and the Final Terms, taken together. Full information on LendInvest, LendInvest Secured Income plc and the offer of the Bonds is only available on the basis of the combination of the Prospectus and the Final Terms which have been published on the Regulatory News Service operated by the London Stock Exchange.

The distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons who come into possession of this announcement or any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any securities.