Volta Finance Limited : Misleading Website
24 May 2021
Volta Finance Limited (VTA /
VTAS)
Misleading Website
The Board of Volta Finance Limited announces the
discovery of a website purporting to represent Volta Investment
Group (“VIG”), an entity entirely unrelated to Volta Finance
Limited (“the Company”). The website for VIG incorrectly notes that
a number of the Directors of the Company are involved with VIG as
members of their board. In addition to the incorrect information
regarding their board, it was also noted that the Companies House
(UK) Certificate of Incorporation displayed on the website of VIG
does not match the details and documentation publically available
from Companies House.
Further to the discovery of VIG’s website, the
Company contacted the webhosting provider and the domain registrar
of the website to alert them to the incorrect and misleading
information regarding the involvement of the Company’s Directors
with VIG, as well as the aforementioned Companies House
documentation. Additionally, using the contact details on VIG’s
website, the Company advised VIG of the incorrect information on
their website, and specifically requested that any mention of the
Company’s Directors be removed immediately and permanently.
As of publishing time, VIG’s website is still
active, and the issues noted above have not been resolved to the
Company’s satisfaction. The Company asserts that neither it, nor
any of its Directors, are involved with VIG or any of its officers
and/or subsidiaries. Additionally, the Company would like confirm
that the sole legitimate website for the Company is
www.voltafinance.com.
CONTACTS
For the Investment Manager
AXA Investment Managers Paris
Serge Demay
serge.demay@axa-im.com
+33 (0) 1 44 45 84 47
Company Secretary and
Administrator
BNP
Paribas Securities Services S.C.A, Guernsey
Branchguernsey.bp2s.volta.cosec@bnpparibas.com +44 (0) 1481
750 853
Corporate BrokerCenkos Securities plcAndrew
Worne
Daniel 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
capital across the credit cycle and to provide a stable stream of
income to its shareholders through dividends. Volta seeks to attain
its investment objectives predominantly through diversified
investments in structured finance assets. The assets that the
Company may invest in either directly or indirectly include, but
are not limited to: corporate credits; sovereign and
quasi-sovereign debt; residential mortgage loans; and, automobile
loans. The Company’s approach to investment is through vehicles and
arrangements that essentially provide leveraged exposure to
portfolios of such underlying assets. 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 MANAGERS
AXA 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 679 investment
professionals and €858 billion in assets under management as of the
end of December 2020.
*****
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.
*****
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