- VPC Specialty Lending Investments said its investment manager had reached an amended financing agreement with portfolio company and micro-lender Oakam.

Oakam's management team, together with new investors, had raised £6.0m to satisfy unsecured creditors, support the company's borrowing base and provide growth capital.

Oakam had exited administration on 28 June.

'A capital raise will enable the digital micro-lender to satisfy outstanding liabilities and re-launch consumer lending,' VPC said.

At 9:57am: [LON:VSL] VPC Specialty Lending Investments Plc share price was -1.2p at 77.8p

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