REG - VPC Specialty - Result of General Meeting

VPC Specialty Lending InvestmentsAnnouncement

05/04/2024 11:30

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RNS Number : 5237J  VPC Specialty Lending Invest. PLC  05 April 2024

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5 April 2024

VPC Specialty Lending Investments plc

Results of General Meeting and Initial Return of Capital using the B Share
Scheme

Result of General Meeting

The Board of VPC Specialty Lending Investments plc (the "Company") is pleased
to announce that, at the general meeting of the Company held earlier today,
all of the proposed resolutions were approved by shareholders.

As a result, the Company will establish a B Share Scheme (as defined in the
circular to shareholders dated 15 March 2024 (the "Circular")) to facilitate
the return of capital to Shareholders. Defined terms have the meaning given to
them in the Circular.

Details of the number of proxy votes cast for, against and withheld in respect
of the Resolutions (each of which was held on a poll) are set out below and
will also be published on the Company's website.

 Resolution                                                                       Votes For (including discretionary)  %       Votes Against                     %      Votes Total                         Votes Withheld
 1.   That the draft articles of association produced to the meeting and                                               99.81%   361,054                          0.19%  186,908,600                         34,327
 signed by the Chairman (the "New Articles of Association") be approved and

 

 adopted as the articles of association of the Company.                           186,513,219

 2.   That the Directors be authorised to apply from time to time a sum or        186,513,119                          99.81%           361,154                  0.19%            186,908,600               34,327
 sums not exceeding the Company's share premium account for the purpose of

 making an issue of unlisted redeemable fixed rate preference shares of 1 penny
 each in the capital of the Company ("B Shares") and to apply such sum or sums
 from time to time in paying up in full up to 11,000,000,000 B Shares.

 3.   To exercise all powers of the Company to allot and issue from time to       186,602,476                          99.86%               265,797              0.14%              186,908,600             40,327
 time, credited as fully paid up, B Shares up to an aggregate nominal amount of

 £110,000,000.00 to the holders of ordinary shares of 1 penny each in the
 capital of the Company on a pro rata basis as determined by the Directors from
 time to time.

 

The Company expects to make an announcement in connection with an initial
return of capital using the B Share Scheme next week.

Enquiries:

For further information please contact:

 VPC Specialty Lending Investments PLC  via Jefferies or Winterflood (below)

Graeme Proudfoot
                                        via Jefferies or Winterflood (below)

 Victory Park Capital                   info@vpcspecialtylending.com

Gordon Watson

 Sora Monachino
                                        Tel: +44 20 7029 8000

 Jefferies International Limited

 Stuart Klein

 Gaudi le Roux
                                        Tel: +44 20 3100 0000

 Winterflood Securities Limited

 Joe Winkley

 Neil Morgan

 Montfort Communications                Tel: +44 (0)7717 857736

 Matthew Jervois                        vpc@montfort.london

 

LEI: 549300UPEXC5DQB81P34

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