SOURCE: Volta Finance Limited

June 02, 2015 02:00 ET

Volta Finance - Interim Management Statement 30 April 2015

GUERNSEY, CHANNEL ISLANDS--(Marketwired - Jun 2, 2015) - Volta Finance Limited (the "Company" or "Volta Finance" or "Volta") (EURONEXT AMSTERDAM: VTA)

VOLTA FINANCE - INTERIM MANAGEMENT STATEMENT

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Euronext Amsterdam: VTA.Guernsey, 2 June 2015 - Volta Finance Limited (the "Company" or "Volta Finance" or "Volta") has published its Interim Management Statement. The full report is attached to this release and is available on Volta Finance Limited's financial website (www.voltafinance.com).

Dear Shareholders and Investors,

During the quarter, from the end of January 2015 to the end of April 2015, the Estimated NAV of Volta Finance Limited (the "Company" or "Volta Finance" or "Volta") went from EUR 289.9m or EUR 7.94 per share, to EUR 296.9m or EUR 8.13 per share.

Taking into account the April dividend payments (EUR 0.31 per share), it reflects a positive 6.3% quarterly performance in the per share value.

Year to date 2015 performance is +10% as at the end of April 2015.

The strong performance of Volta during the quarter reflects the positive stance on credit markets during the period as well as the gain from selling two UK non-conforming residual positions.

During the quarterly period, the Company purchased 5 assets for the equivalent of EUR 16.7m: a BB tranche, two B tranches and one equity tranche of USD CLOs as well as one equity tranche of a European CLO. EUR 11.7m was drawn down on previous commitments and EUR 3.5m was added to the warehouse position previously established. In the meantime, two assets were sold during the quarter (two of the five UK non-conforming residual positions) for an equivalent of EUR 12.2m and two USD CLO Equity tranches were called, generating the equivalent of EUR 1.9m.

During the quarter, cash flows generated by the Company's assets, excluding asset sales and principal payments from assets, amounted to EUR 8.2m (non euro amounts being translated in euro using the end of month currency rate).

To view the full announcement, please click on the following link.

http://www.rns-pdf.londonstockexchange.com/rns/8649O_1-2015-6-1.pdf

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