Source - LSE Regulatory
RNS Number : 0604K
VPC Specialty Lending Invest. PLC
30 December 2020
 

30 December 2020

 

VPC Specialty Lending Investments PLC

(the "Company")

MONTHLY NET ASSET VALUE PER SHARE

 

Net Asset Value

The Company is pleased to provide its monthly net asset value per share ("NAV") update.

 

As at 30 November 2020, the unaudited estimated NAV (Cum Income) per Ordinary Share (ISIN GB00BVG6X439) was 93.76 pence.

 

This NAV has been calculated by Northern Trust Hedge Fund Services LLC.

 

 

Performance

The Company also announces the cumulative NAV total return performance as at 30 November 2020 as follows:

 


Monthly Return

YTD

Return

ITD

Return

Ordinary Shares

1.73%

9.03%

36.07%

 

 

Monthly Investment Highlights and Factsheet

During the month of November 2020:

v The Company generated a total NAV return of 1.73% for November 2020;

v The gross revenue return was 0.97%, the net revenue return was 0.28% and the capital return was 1.45% for the month;

v The capital return was driven primarily by the decrease in the IFRS 9 reserve for expected credit losses as credit performance remained strong across the portfolio; and

v As at 30 November 2020, the expected credit loss reserve is 2.80% of the Company's invested capital in balance sheet investments.

 

The Company's factsheet for November 2020 will shortly be available on the Company's website: https://vpcspecialtylending.com/.

 

 

Enquiries

For further information, please contact:

 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner)

via Jefferies or Winterflood (below)

info@vpcspecialtylending.com



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

Email: VPC@linkgroup.co.uk

 

 

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.

 

 

This document is for information purposes only and is not an offer to invest. All investments are subject to risk. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.

 

 

LEI: 549300UPEXC5DQB81P34

 

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