VTA Volta Finance Limited

 
TIDMVTA 
 
 
   Volta Finance Limited (VTA/VTAS) 
 
   Issue of shares 
 
   NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR 
INTO THE UNITED STATES 
 
   ***** 
 
   Guernsey, 18 February 2019 
 
   Volta Finance Limited (the "Company" or "Volta") announces that it has 
today made an application for admission to listing on the Official List 
of the UK Listing Authority and to trading on the Main Market of the 
London Stock Exchange with effect from 21 February 2019 of 4,877 newly 
issued Ordinary Shares of no par value in the Company in relation to the 
part-payment of Directors' fees for the quarter ended 31 January 2019. 
An application will also be made for the admission of these Ordinary 
Shares to trading on Euronext Amsterdam. 
 
   Each Director will receive 30 per cent of his or her Director's fee for 
any year in the form of newly issued shares at a per share price equal 
to the most recently available Estimated NAV. The Directors are required 
to retain those shares for a period of no less than one year from their 
respective dates of issuance. The applicable Estimated NAV was EUR7.71 
per share as at 31 December 2018. 
 
   Following the issue of 4,877 Ordinary Shares, the Company's issued share 
capital will comprise 36,580,580 Ordinary Shares and 1 Class B Share. 
Accordingly, as at today's date, and in accordance with Rule 5.6.1 of 
the FCA's Disclosure Guidance and Transparency Rules the total number of 
voting rights in the Company is 36,580,581 Shareholders may use this 
total voting rights figure as the denominator for the calculations by 
which they may determine whether they are required to notify the Company 
or the AFM of their interest in, or a change to their interest in, the 
share capital of the Company. 
 
   For further information, please contact: 
 
   Company Secretary and Portfolio Administrator 
 
   BNP Paribas Securities Services S.C.A, Guernsey Branch 
 
   guernsey.bp2s.volta.cosec@bnpparibas.com 
https://www.globenewswire.com/Tracker?data=o9GCNKJffwWt-bHeJF5FbzhIOO55y9_xdNYpNeNUWunaSLnSWbZ0R2NQuwGVHrHDMa7C-cXydlBFQziitWtHM5sjZPSqcRTNs1XL1C9ACNjLoeygbzSV7-Es5mpboDGRy0ORFcCTUZD1pvLfhRplSQ== 
 
 
   +44 (0) 1481 750 853 
 
   Corporate Broker 
 
   Cenkos Securities plc 
 
   Sapna Shah 
 
   Andrew Worne 
 
   +44 (0) 20 7397 8900 
 
   For the Investment Manager 
 
   AXA Investment Managers Paris 
 
   Serge Demay 
 
   serge.demay@axa-im.com 
https://www.globenewswire.com/Tracker?data=xaZB2Kh4N--eYheSoLR22EYrIKfA1yxshcS9Xqc6A3kxR_yFCWf-OhwRSQwUR56ghAgIgJXsp0qaYhYrPtygMjtdO81qWI0ySQBEPBunuG4= 
 
 
   +33 (0) 1 44 45 84 47 
 
   ***** 
 
   ABOUT VOLTA FINANCE LIMITED 
 
   Volta Finance Limited is incorporated in Guernsey under The Companies 
(Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and 
the London Stock Exchange's Main Market for listed securities. Volta's 
home member state for the purposes of the EU Transparency Directive is 
the Netherlands. As such, Volta is subject to regulation and supervision 
by the AFM, being the regulator for financial markets in the 
Netherlands. 
 
   Volta's investment objectives are to preserve capital across the credit 
cycle and to provide a stable stream of income to its shareholders 
through dividends. Volta seeks to attain its investment objectives 
predominantly through diversified investments in structured finance 
assets. The assets that the Company may invest in either directly or 
indirectly include, but are not limited to: corporate credits; sovereign 
and quasi-sovereign debt; residential mortgage loans; and, automobile 
loans. The Company's approach to investment is through vehicles and 
arrangements that essentially provide leveraged exposure to portfolios 
of such underlying assets. The Company has appointed AXA Investment 
Managers Paris an investment management company with a division 
specialised in structured credit, for the investment management of all 
its assets. 
 
   ***** 
 
   ABOUT AXA INVESTMENT MANAGERS 
 
   AXA Investment Managers (AXA IM) is a multi-expert asset management 
company within the AXA Group, a global leader in financial protection 
and wealth management. AXA IM is one of the largest European-based asset 
managers with EUR759 billion in assets under management as of the end of 
June 2018. AXA IM employs approximately 2,420 people around the world. 
 
   ***** 
 
   This press release is for information only and does not constitute an 
invitation or inducement to acquire shares in Volta Finance. Its 
circulation may be prohibited in certain jurisdictions and no recipient 
may circulate copies of this document in breach of such limitations or 
restrictions. This document is not an offer for sale of the securities 
referred to herein in the United States or to persons who are "U.S. 
persons" for purposes of Regulation S under the U.S. Securities Act of 
1933, as amended (the "Securities Act"), or otherwise in circumstances 
where such offer would be restricted by applicable law. Such securities 
may not be sold in the United States absent registration or an exemption 
from registration from the Securities Act. The company does not intend 
to register any portion of the offer of such securities in the United 
States or to conduct a public offering of such securities in the United 
States. 
 
   ***** 
 
   This communication is only being distributed to and is only directed at 
(i) persons who are outside the United Kingdom or (ii) investment 
professionals falling within Article 19(5) of the Financial Services and 
Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) 
high net worth companies, and other persons to whom it may lawfully be 
communicated, falling within Article 49(2)(a) to (d) of the Order (all 
such persons together being referred to as "relevant persons"). The 
securities referred to herein are only available to, and any invitation, 
offer or agreement to subscribe, purchase or otherwise acquire such 
securities will be engaged in only with, relevant persons. Any person 
who is not a relevant person should not act or rely on this document or 
any of its contents. Past performance cannot be relied on as a guide to 
future performance. 
 
   ***** 
 
   Attachment 
 
 
   -- Press Release - Dirs Rem Shares (Jan 19) - Final 
      https://ml-eu.globenewswire.com/Resource/Download/71e38e41-71fe-4c84-830e-39d1bf9242f7 
 
 
 
 
 

(END) Dow Jones Newswires

February 18, 2019 09:10 ET (14:10 GMT)

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