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GCP Asset Backed Income

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Director/PDMR Shareholding

, category: Director/PDMR shareholding

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RNS Number : 5385Q
GCP Asset Backed Income Fund Ltd
30 May 2024

GCP Asset Backed Income Fund Limited

("GCP Asset Backed" or the "Company")

LEI 213800FBBZCQMP73A815

Headline: Notification of transaction by persons discharging managerial responsibilities ("PDMR")

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Braun

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GCP Asset Backed Income Fund Limited

b)

LEI

213800FBBZCQMP73A815

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

 Ordinary shares of no par value  

 JE00BYXX8B08

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price

Volume(s)

Total

30.05.2024

75.775 pence per share

13,112 Shares

£9,935.62

d)

Aggregated information

- Aggregated volume

- Price

 See 4 c) above

e)

Date of the transactions

 See 4 c) above

f)

Place of the transaction

 LSE (XLON)

Following the above transaction, Philip Braun, a Director of the Company has a beneficial holding of 13,112 Ordinary Shares in the Company which represents 0.0031% of the total voting rights of the Company.

For further information, please contact:

Gravis Capital Management Ltd  

+44 (0)20 3405 8500

Philip Kent

Cameron Gardner

Anthony Curl

Barclays Bank plc

+44 (0)20 7623 2323

Dion Di Miceli

Stuart Muress

James Atkinson

Buchanan/Quill

+44 (0)20 7466 5000

Helen Tarbet

Sarah Gibbons-Cook

Henry Wilson

Notes to the Editor

About GABI

GCP Asset Backed Income Fund Limited is a closed ended investment company. Its shares are traded on the Premium Segment of the Main Market of the London Stock Exchange. Its investment objective is to undertake a managed wind-down of the Company and realise all existing assets in the Company's portfolio in an orderly manner.

The Company's portfolio comprises a diversified portfolio of predominantly UK based asset backed loans which are secured against contracted, predictable medium to long term cash flows and/or physical assets.

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