SSIF Secured Income Fund Plc

TIDMSSIF

RNS Number : 5192N

SQN Secured Income Fund PLC

25 September 2019

25 September 2019

SQN Secured Income Fund plc

Monthly Dividend

SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to announce the second monthly dividend for the year ending 30 June 2020:

 
 Dividend amount:   0.583 pence per Ordinary Share 
 Ex-date:           03 October 2019 
 Record date:       04 October 2019 
 Payment date:      25 October 2019 
 

The Company has elected to designate all of the dividends for the period ended 31 August 2019 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

For further information please contact:

(http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/)

 
 
 SQN Asset Management Limited            tel: +44 1932 575 
  Neil Roberts/Jeremiah Silkowski/Dawn    888 
  Kendall 
 finnCap Ltd.                            tel: +44 20 7220 0500 
  Corporate Finance: 
  William Marle / Giles Rolls 
  Sales: 
  Mark Whitfeld 
 Kepler Partners LLP                     tel: +44 20 3384 8790 
  Hugh van Cutsem 
 Buchanan Communications                 tel: +44 20 7466 5000 
  Charles Ryland/Henry Wilson 
 

Notes to Editor

The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski, Dawn Kendall and Neil Roberts.

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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September 25, 2019 02:01 ET (06:01 GMT)

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