Source - LSE Regulatory
RNS Number : 4074R
VPC Specialty Lending Invest. PLC
29 June 2020

29 June 2020


VPC Specialty Lending Investments PLC

(the "Company")



Earlier today the UK subsidiary of Elevate (NYSE: ELVT) was placed into administration by its board of directors. This subsidiary represents less than 5% of Elevate's overall business. The direct investment exposure of the UK subsidiary of Elevate in the Company as at 31 May 2020 was 1.2% of NAV. The Company's investment is fully secured by Elevate UK assets and benefits from a guarantee from the Elevate US parent company. We expect no impact on NAV or future performance as a result of this announcement.


For additional information, see Elevate's press release:




For further information, please contact:


Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner)

via Jefferies or Winterflood (below)

Jefferies International Limited

Tel: +44 20 7029 8000

Stuart Klein

Neil Winward

Gaudi le Roux

Winterflood Securities Limited

Tel: +44 20 3100 0000

Neil Morgan

Chris Mills


Link Company Matters Limited (Company Secretary)

Tel: +44 20 7954 9567



About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.


Further information on VPC Specialty Lending Investments PLC is available at:


LEI: 549300UPEXC5DQB81P34



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