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Ranger Direct on target

26 November 2015 15:00

Ranger Direct Lending Fund is not progressing with its C share issue by way of a placing and intermediaries offer at this stage.

Ranger says it continues to see net returns to the fund on investments in line with its 12-13% target, NAV growth in line with expectations and looks forward to providing its shareholders with progressively higher dividends as it achieves full deployment of its capital.

At 3:00pm: (LON:RDL) Ranger Direct Lending Fund Plc Ord Gbp0.01 share price was +7p at 1036p

Story provided by StockMarketWire.com

Related Company: RDL

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