TIDMSSIF

RNS Number : 9319L

SQN Secured Income Fund PLC

25 April 2018

25 April 2018

SQN Secured Income Fund plc

Monthly Net Asset Value, Dividend and Fact Sheet

SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.

Net Asset Value

The Company announces that, as at 31 March 2018, the unaudited estimated NAV per ordinary share (cum-income) was 98.04 pence.

The NAV total return in March 2018 was 0.50% (February 2018: 0.24%).

Dividend

The Company is pleased to announce the ninth monthly dividend for the year ending 30 June 2018:

 
 Dividend amount:   0.525 pence per Ordinary 
                     Share 
 Ex-date:           3 May 2018 
 Record date:       4 May 2018 
 Payment date:      25 May 2018

The Company has elected to designate all of the dividends for the period ended 31 March 2018 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.

Fact Sheet

The Company announces that it has today published its monthly fact sheet to the end of March 2018. Please follow the link below to access the fact sheet, which is also available to download from the Company's website.

http://www.rns-pdf.londonstockexchange.com/rns/9319L_-2018-4-24.pdf

(www.sqnsecuredincome.com).

For further information please contact:

 
 
 SQN Asset Management       tel: +44 1932 
  Limited                    575 888 
  Neil Roberts/Jeremiah 
  Silkowski/Dawn Kendall 
 Cantor Fitzgerald Europe   tel: +44 20 7894 
  Sue Inglis                 8016 
 Buchanan Communications    tel: +44 20 7466 
  Charles Ryland/Vicky       5000 
  Hayns/Henry Wilson 
 www.sqnsecuredincome.com

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 company news service from the London Stock Exchange

END

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April 25, 2018 02:00 ET (06:00 GMT)

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