VPC Specialty Lending Investments

Appointment of Chairman Designate
RNS Number : 4089Q
VPC Specialty Lending Invest. PLC
25 February 2021

25 February 2021


VPC Specialty Lending Investments PLC (the "Company")

Appointment of Chairman Designate


The Board of VPC Specialty Lending Investments PLC (the "Company") is pleased to announce that Mr. Graeme Proudfoot has been appointed Chairman Designate of the Board. The Company previously announced on 23 October 2020 that Mr. Kevin Ingram, the Chairman of the Company, had informed the Board that he intended to retire at or before the 2021 Annual General Meeting ("AGM").


Following a thorough review of succession plans and after due and careful consideration, the Board has resolved that when Mr. Ingram retires at the conclusion of the 2021 AGM, Mr. Proudfoot, a non-executive Director of the Company, will succeed him as Chairman.


Mr. Ingram has served on the Board since the IPO in 2015, initially as Chair of the Audit & Valuation Committee and then as Chairman since December 2018. Mr. Proudfoot was appointed to the Board on 1st December 2020 and will work with Mr. Ingram to ensure that there is a smooth handover over the next four months. The Board is very grateful to Mr. Ingram for his considerable contribution since the IPO.


Kevin Ingram, Chairman of the Company, said:


"It has been a privilege to lead the Board since 2018, and contribute as a non-executive Director since 2015.


I am delighted that Graeme Proudfoot will take over as Chairman with effect from the conclusion of the 2021 AGM. He brings a wealth of investment trust and asset management experience and I wish him every success in the role. As a shareholder, I am confident that the Company is in good hands, with a refreshed and capable Board and an excellent team at Victory Park Capital."


Graeme Proudfoot, non-executive Director of the Company, said:


"I am honoured to have been offered the role of Chairman and I look forward to helping to contribute to the Company's future success. I should also like to add my thanks to Kevin for all he has done for the Company and wish him well for the future."



For further information, please contact:


Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

Gordon Watson (Partner)

via Jefferies or Winterflood (below) info@vpcspecialtylending.com

Jefferies International Limited

Tel: +44 20 7029 8000

Stuart Klein

Neil Winward

Gaudi le Roux

Winterflood Securities Limited

Tel: +44 20 3100 0000

Neil Morgan

Chris Mills


Link Company Matters Limited (Company Secretary)

Tel: +44 20 7954 9567

Email: VPC@linkgroup.co.uk


About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.


Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com.


LEI: 549300UPEXC5DQB81P34

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