GCP Asset Backed Income Fund Ltd Additional Listing (8231J)
August 22 2019 - 2:02AM
UK Regulatory
TIDMGABI TIDMGABC
RNS Number : 8231J
GCP Asset Backed Income Fund Ltd
22 August 2019
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed")
LEI: 213800FBBZCQMP73A815
Additional Listing
22 August 2019
GCP Asset Backed, which invests in asset backed loans, has made
an application for 207,288 ordinary shares of no par value each in
the Company to be admitted to the premium segment of the Official
List of the Financial Conduct Authority and to trading on the
London Stock Exchange. It is expected that these new ordinary
shares will be admitted to trading on 2 September 2019.
The application is being made pursuant to the scrip dividend
alternative in lieu of cash for the interim dividend for the period
from 1 April 2019 to 30 June 2019. Elections for a scrip dividend
were received in respect of 3.3% of the ordinary shares in issue as
at the record date of 2 August 2019. When issued, these ordinary
shares will rank pari passu with the existing ordinary shares.
Further details of the scrip dividend alternative can be found
in the Scrip Dividend Circular 2019 which was published by the
Company on 24 April 2019, a copy of which is available for
inspection at www.morningstar.co.uk/uk/NSM and the Company's
website at
www.graviscapital.com/funds/gcp-asset-backed/literature.
Following admission of the new ordinary shares, the Company's
issued share capital will consist of 441,070,316 ordinary shares of
no par value each and therefore, the total number of issued shares
with voting rights will be 441,070,316.
The above figure of 441,070,316 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or of a change to
their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information, please contact:
Gravis Capital Management Limited +44 (0) 20 3405 8500
David Conlon
Dion Di Miceli
Cenkos Securities plc +44 (0) 20 7397 8900
Tom Scrivens
Oliver Packard
Sapna Shah
Buchanan/Quill +44 (0)20 7466 5000
Helen Tarbet
Nick Croysdill
Henry Wilson
Notes to Editors
The Company
GCP Asset Backed 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 predominantly 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, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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