VPC Specialty Lending Invest. PLC Update
23 Décembre 2024 - 12:40PM
RNS Regulatory News
RNS Number : 1492R
VPC Specialty Lending Invest. PLC
23 December 2024
23 December 2024
VPC Specialty Lending
Investments PLC
(the
"Company")
UPDATE
As noted in the Company's half-yearly
results announcement, the Company has now completed the process of
removing its currency hedges. Net cash released as a result
which was being held against the potential for margin calls on the
hedges will be applied to reduce the Company's
gearing.
In the September quarterly report the
Company noted work being undertaken in regard to the Razor Group
following their business combination with Perch. More details
on this will be included in the December quarterly report, but
business performance over the last quarter has been poorer than
anticipated and it is currently expected that the year-end
valuation of Razor will be materially lower than at the last
valuation point.
Enquiries
For further information, please
contact:
Victory Park Capital
Gordon Watson
Sora Monachino
|
via Winterflood (below)
info@vpcspecialtylending.com
|
|
|
Winterflood Securities Limited
|
Tel: +44 20 3100 0000
|
Joe Winkley / Neil
Morgan
|
|
|
|
Link
Company Matters Limited (Company Secretary)
|
Tel: +44 20 7954 9567
Email: VPC@linkgroup.co.uk
|
|
|
LEI: 549300UPEXC5DQB81P34
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