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Second Return of Capital Exchange Ratio

20th May 2025 07:00

RNS Number : 2918J
VPC Specialty Lending Invest. PLC
20 May 2025
 

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION

 

20 May 2025

VPC Specialty Lending Investments PLC

Second Return of Capital Exchange Ratio

On 12 May 2025, the Board of VPC Specialty Lending Investments plc (the "Company") announced a second distribution to shareholders of £43 million through the issue and redemption of B Shares.

 

Pursuant to the authority received from shareholders at the General Meeting on 5 April 2024, B Shares of 1 penny each will be issued to all Shareholders on 22 May 2025 by way of a bonus issue at a ratio of 15.45226301 new B shares for each Ordinary Share held at the Record Date of 6:00 p.m. on 21 May 2025. The Redemption Date in respect of this initial return of capital is 29 May 2025. The B Shares will be redeemed at 1 penny per B Share. The Company will not allot any fractions of B Shares and entitlements will be rounded down to the nearest whole B Share. The proceeds from the redemption will be sent to uncertificated Shareholders through CREST or via cheque to certificated Shareholders on or around 12 June 2025.

 

Terms used and not defined in this announcement have the meanings given to them in the circular to the Company's shareholders dated 15 March 2024.

 

Enquiries

For further information, please contact:

 

Victory Park Capital

Gordon Watson

Sora Monachino

via Winterflood (below)

[email protected]

Winterflood Securities Limited

Tel: +44 20 3100 0000

Neil Morgan

Haris Khawaja

 

 

MUFG Corporate Governance Limited (Company Secretary)

Tel: +44 20 7954 9567

Email: [email protected]

 

About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on realising the Company's investments in an orderly manner, that is, with a view to achieving a balance between returning cash to Shareholders promptly and maximising value.

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

LEI: 549300UPEXC5DQB81P34

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