Source - LSE Regulatory
RNS Number : 5271G
Secured Income Fund PLC
26 November 2020
 

26 November 2020                                              

Secured Income Fund plc

 

Monthly Net Asset Value, Dividend and Fact Sheet

  

Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.

 

Net Asset Value

The Company announces that, as at 31 October 2020, the unaudited estimated NAV per ordinary share (cum-income) was 83.68 pence.

 

Dividend

In line with the Company's commitment to return available cash to Shareholders in as short a time frame as possible without damaging capital value for investors, the Company is pleased to announce a dividend of 5.00p per Ordinary Share for the year ended 30 June 2021, as follows:

 

Dividend amount:

5.00 pence per Ordinary Share

Ex-date:

03 December 2020

Record date:

04 December 2020

Payment date:

23 December 2020

 

The Company has elected to designate all of the dividends for the period ended 31 October 2020 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

 

Fact Sheet

The Company announces that it has today published its monthly fact sheet to the end of October 2020, which is available to download from the Company's website.

 

(https://kkvim.com/secured-income-fund/)

 

For further information please contact:

 


 

Directors

David Stevenson (Chair)

Susan Gaynor Coley

Brett Miller

 

 

 

tel: +44 7973 873785

tel: +44 7977 130673

tel: +44 7770 447338

 

 

KKV Investment Management Ltd

Nicola Bird

Catherine Halford Riera

 

 

tel: +44 20 7429 2200

 

finnCap Ltd.

Corporate Finance: William Marle / Giles Rolls

Sales: Mark Whitfeld

tel: +44 20 7220 0500

 

 

 

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