Project Finance Investments Limited
Notice of Annual General Meeting and resolution in connection with proposed change of name.
9 September 2016
The Directors of the Company, which invests in asset backed loans, are pleased to announce that the Notice of the 2016 Annual General Meeting ("Notice") to be held at 10 am on 12 October 2016 has today been posted or made available to Shareholders.
The Notice has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.
The Notice can also be obtained from the Company Secretary or from the Company's website, at: http://www.gcpuk.com/project-finance-investment-ltd/investor-relations/publications/all
Amongst the resolutions to be proposed at the meeting will be a Special Resolution in connection with the proposed change to the Company's name from Project Finance Investments Limited to GCP Asset Backed Income Fund Limited.
Following consultation by the Investment Manager with investors, the Directors believe the Company's name should be changed to reflect more accurately its investment approach of making secured loans to a diversified portfolio of asset backed, income-generative, investments.
Subject to shareholder approval of the relevant resolution at the Annual General Meeting, the proposed change of name will take effect from 13 October 2016. The ticker for the ordinary shares will be changed to 'GABI' with effect from that date. The ticker for any C shares in issue at that time will remain unchanged.
For further information, please contact:
Gravis Capital Partners LLP
David Conlon [email protected] +44 (0)20 7518 1490
Stephen Ellis [email protected]
Dion Di Miceli [email protected]
Cenkos Securities plc
Tom Scrivens [email protected] +44 (0)20 7397 1915
Sapna Shah [email protected] +44 (0)20 7397 1922
Charles Ryland +44 (0)20 7466 5000
Notes to Editors
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 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