VPC Specialty Lending, chaired by Andrew Adcock (pictured) has announced that over 90 % of the net proceeds from its existing C share issue (admitted to trading on 2 October 2015) have now been invested and, reflecting this, the Board anticipates that the conversion will take place on 4 March 2016. The new ordinary shares, arising from the C-share conversion, are expected to be admitted to trading on the same day.
VPC Speciality Lending C-share meets conversion criteria : VSL