REG - VPC Specialty - Net Asset Value(s)

VPC Specialty Lending InvestmentsAnnouncement

03/02/2022 07:00

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RNS Number : 5331A  VPC Specialty Lending Invest. PLC  03 February 2022

3 February 2022

 

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 31 December 2021, the unaudited estimated NAV (Cum Income) per Ordinary
Share (ISIN GB00BVG6X439) was 114.14 pence.

 

This NAV has been calculated by CITCO Fund Administration (Cayman Islands)
Limited.

 

 

Performance

The Company also announces the cumulative NAV total return performance as at
31 December 2021 as follows:

 

                  Monthly Return  YTD      ITD

                                  Return   Return
 Ordinary Shares  -3.97%          27.60%   65.03%

 

 

Monthly Investment Highlights and Factsheet

During the month of December 2021:

v The Company had its best year since inception with a full year return of
27.60% and a quarter to date return of 4.72% as well as a gross revenue return
of 13.03% (11.31p) for 2021;

v For the month of December, the Company generated a gross revenue return of
1.14% (1.35p) and a gross capital return of -5.38% (-6.40p);

v The primary driver of the gross capital returns was an unrealised loss on
the Company's investment in Bakkt Holdings, Inc. (Bakkt) of -5.59% (-6.64p)
due to the movement in publicly traded share price during the month;

v The impact of expenses and fees during the month was +0.44% (0.53p) due to
the decrease in performance fee accrual and other capital returns were -0.17%
(-0.20p); and

v The Company generated a total NAV return of -3.97% (-4.72p) for December
2021. The total return excluding Bakkt was 0.78% (0.93p).

 

 

The Company's factsheet for December 2021 will shortly be available on the
Company's website: https://vpcspecialtylending.com/
(https://vpcspecialtylending.com/) .

 

 

Enquiries

For further information, please contact:

 

 Victory Park Capital                                   via Jefferies or Winterflood (below)

 Brendan Carroll (Senior Partner and Co-Founder)        info@vpcspecialtylending.com

 Gordon Watson (Partner)

 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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