Dividend Declaration (Amended)
The following amendment has been made to the
'Dividend Declaration' announcement released on 7 December 2023 at
7.00amThe currency election date has been changed from 2 December
2023 to 15 January 2024. All other details remain
unchanged.The full amended text is shown below.
Volta Finance Limited
(VTA/VTAS)
Dividend Declaration
NOT FOR RELEASE, DISTRIBUTION OR
PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE
UNITED STATES
Guernsey, 7 December 2023
Volta Finance Limited ("the Company") hereby
announces that it has declared a quarterly interim dividend of
€0.135 per share payable on 25 January 2024 amounting to
approximately €4.94 million, approximately equating to an
annualised 8.25% of net asset value. The ex-dividend date is 21
December 2023 with a record date of 22 December 2023.
The Company has arranged for its shareholders to
be able to elect to receive their dividends in either Euros or
Pounds Sterling. Shareholders will, by default, receive their
dividends in Euros, unless they have instructed the Company’s
Registrar, Computershare Investor Services (Guernsey) Limited
(“Computershare”), to pay dividends in Pounds Sterling. Such
instructions may be given to Computershare either electronically
via CREST or by using the Currency Election Form which has been
posted to shareholders and a copy of which is also available on the
website www.voltafinance.com within the “Investors – Other
Documents” section. The deadline for receipt of currency elections
is 12:00 (midday) on 15 January 2024.
CONTACTSFor the
Investment ManagerAXA Investment Managers ParisFrançois
Touatifrancois.touati@axa-im.com+33 (0) 1 44 45 80 22
Olivier PonsOlivier.pons@axa-im.com+33 (0) 1 44
45 87 30
Company Secretary and
AdministratorBNP Paribas S.A., Guernsey
Branchguernsey.bp2s.volta.cosec@bnpparibas.com +44 (0) 1481
750 853
Corporate BrokerCavendish Securities plcAndrew
WorneDaniel Balabanoff+44 (0) 20 7397 8900
***** ABOUT VOLTA FINANCE
LIMITED
Volta Finance Limited is incorporated in
Guernsey under the Companies (Guernsey) Law, 2008 (as amended) and
listed on Euronext Amsterdam and the London Stock Exchange's Main
Market for listed securities. Volta’s home member state for the
purposes of the EU Transparency Directive is the Netherlands. As
such, Volta is subject to regulation and supervision by the AFM,
being the regulator for financial markets in the Netherlands.
Volta’s Investment objectives are to preserve
its capital across the credit cycle and to provide a stable stream
of income to its Shareholders through dividends that it expects to
distribute on a quarterly basis. The Company currently seeks to
achieve its investment objectives by pursuing exposure
predominantly to CLO’s and similar asset classes. A more
diversified investment strategy across structured finance assets
may be pursued opportunistically. The Company has appointed AXA
Investment Managers Paris an investment management company with a
division specialised in structured credit, for the investment
management of all its assets.
*****
ABOUT AXA INVESTMENT
MANAGERSAXA Investment Managers (AXA IM) is a multi-expert
asset management company within the AXA Group, a global leader in
financial protection and wealth management. AXA IM is one of the
largest European-based asset managers with 2,600 professionals and
€824 billion in assets under management as of the end of June
2023.
*****
This press release is published by AXA
Investment Managers Paris (“AXA IM”), in its capacity as
alternative investment fund manager (within the meaning of
Directive 2011/61/EU, the “AIFM Directive”) of Volta Finance
Limited (the "Volta Finance") whose portfolio is managed by AXA
IM.
This press release is for information
only and does not constitute an invitation or inducement to acquire
shares in Volta Finance. Its circulation may be prohibited in
certain jurisdictions and no recipient may circulate copies of this
document in breach of such limitations or restrictions. This
document is not an offer for sale of the securities referred to
herein in the United States or to persons who are “U.S. persons”
for purposes of Regulation S under the U.S. Securities Act of 1933,
as amended (the “Securities Act”), or otherwise in circumstances
where such offer would be restricted by applicable law. Such
securities may not be sold in the United States absent registration
or an exemption from registration from the Securities Act. Volta
Finance does not intend to register any portion of the offer of
such securities in the United States or to conduct a public
offering of such securities in the United States.
*****
This communication is only being
distributed to and is only directed at (i) persons who are outside
the United Kingdom or (ii) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the “Order”) or (iii) high net
worth companies, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as “relevant
persons”). The securities referred to herein are only available to,
and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should
not act or rely on this document or any of its contents. Past
performance cannot be relied on as a guide to future
performance.
*****This press release
contains statements that are, or may deemed to be, "forward-looking
statements". These forward-looking statements can be identified by
the use of forward-looking terminology, including the terms
"believes", "anticipated", "expects", "intends", "is/are expected",
"may", "will" or "should". They include the statements regarding
the level of the dividend, the current market context and its
impact on the long-term return of Volta Finance's investments. By
their nature, forward-looking statements involve risks and
uncertainties and readers are cautioned that any such
forward-looking statements are not guarantees of future
performance. Volta Finance's actual results, portfolio composition
and performance may differ materially from the impression created
by the forward-looking statements. AXA IM does not undertake any
obligation to publicly update or revise forward-looking
statements.
Any target information is based on
certain assumptions as to future events which may not prove to be
realised. Due to the uncertainty surrounding these future events,
the targets are not intended to be and should not be regarded as
profits or earnings or any other type of forecasts. There can be no
assurance that any of these targets will be achieved. In addition,
no assurance can be given that the investment objective will be
achieved.
The figures provided that relate to past
months or years and past performance cannot be relied on as a guide
to future performance or construed as a reliable indicator as to
future performance. Throughout this review, the citation of
specific trades or strategies is intended to illustrate some of the
investment methodologies and philosophies of Volta Finance, as
implemented by AXA IM. The historical success or AXA IM’s belief in
the future success, of any of these trades or strategies is not
indicative of, and has no bearing on, future results.
The valuation of financial assets can
vary significantly from the prices that the AXA IM could obtain if
it sought to liquidate the positions on behalf of the Volta Finance
due to market conditions and general economic environment. Such
valuations do not constitute a fairness or similar opinion and
should not be regarded as such.
Editor: AXA INVESTMENT MANAGERS PARIS, a
company incorporated under the laws of France, having its
registered office located at Tour Majunga, 6, Place de la Pyramide
- 92800 Puteaux. AXA IMP is authorized by the
Autorité des Marchés Financiers under
registration number GP92008 as an alternative investment fund
manager within the meaning of the AIFM Directive.
*****
Volta Finance (EU:VTA)
Historical Stock Chart
From Jul 2024 to Aug 2024
Volta Finance (EU:VTA)
Historical Stock Chart
From Aug 2023 to Aug 2024