21 October 2021
Secured Income Fund plc
Publication of a circular
Proposed Cancellation of Trading of Shares on the Specialist Fund Segment
Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, announces details of its proposals to cancel the admission of its shares to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange (the "Cancellation of Trading").
In accordance with corporate governance best practice, the Company will seek prior approval for such cancellation at a general meeting of the Company by Shareholders representing not less than 75 per cent. of the votes attaching to the Shares voted on the resolution. It is proposed that the General Meeting will be held immediately following the Company's annual general meeting and the Cancellation of Trading Resolution will take effect once the Net Asset Value of the Company falls below £7 million, at which point the Company will notify the LSE of the Cancellation of Trading.
A circular containing further detail of the proposed Cancellation of Trading and the notice convening the General Meeting has today been published by the Company (the "Circular"). A copy of the Circular will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Circular will also be available on the Company's website (https://kkvim.com/secured-income-fund/).
Defined terms used in this announcement have the meanings given in the Circular unless the context otherwise requires
For further information please contact:
David Stevenson (Chair)
Susan Gaynor Coley
tel: +44 7973 873785
tel: +44 7977 130673
tel: +44 7770 447338
Corporate Finance: William Marle
Sales: Mark Whitfeld
tel: +44 20 7220 0500