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Ranger Direct Lending Fund to hold investor meetings

13 November 2015 09:48

Ranger Direct Lending Fund said it is conducting investor meetings in the coming days.

Ahead of these meetings and the formal monthly NAV update later this month, the Company estimates that it achieved NAV growth of 0.51% in October 2015 and had deployed 77.2% of its IPO proceeds as at 11 November 2015.

The Company anticipates full deployment of its equity capital by early December, within its stated target of fully deploying the net proceeds raised at IPO within six to nine months.

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns.

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.

At 9:48am: (LON:RDL) Ranger Direct Lending Fund Plc Ord Gbp0.01 share price was -6.5p at 1020.5p

Story provided by StockMarketWire.com

Related Company: RDL

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