28 February 2025
FAIR OAKS INCOME LIMITED (the
"Company")
(Incorporated in Guernsey under The Companies (Guernsey) Law,
2008, as amended, with registered number 58123 and registered as a
Registered Closed-ended Collective Investment Scheme with the
Guernsey Financial Services Commission)
Issue of Treasury
Shares
The Company announces that, to
satisfy market demand, it has today issued 750,000 of its 2021
Shares from treasury. The 2021 Shares will be issued at a price of
55.50 cents per 2021 Share, a premium to the prevailing net asset
value per 2021 Share.
The Company may issue further shares
subject to market demand at a premium to the prevailing NAV and
will maintain its commitment to the share buyback programme
announced in September 2022.
Following this transaction, the
Company announces that the total number of voting rights in respect
of the following class of shares is:
|
Share Class
|
Number of shares in issue
|
|
2021 Shares*
Realisation Shares
Total Shares
|
406,565,477
41,086,020
447,651,497
|
*includes 27,835,626 2021
Shares held in Treasury.
2021 Shares and Realisation Shares
each carry one vote per share held (excluding Shares held in
Treasury). Therefore, the total number of voting rights in the
Company is 419,815,871 and may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.
LEI: 2138008KETEC1WM5YP90
Enquiries:
Fair Oaks Income Limited
Email: contact@fairoaksincome.com
Web: www.fairoaksincome.com
Fair Oaks Capital Limited
Investor Relations
DDI: +44 (0) 20 3034 0400
Email: ir@fairoakscap.com
Apex Fund and Corporate Services (Guernsey)
Limited
Email: fairoaksgrp@apexgroup.com
Deutsche Numis
Nathan Brown, Investment
Banking
DDI: +44 (0) 20 7260 1426
Email: n.brown@numis.com
Panmure Liberum Capital Limited
Chris Clarke, Investment
Banking
DDI: +44 (0) 20 3100 2190
Email: chris.clarke@liberum.com
Fair Oaks Income Limited
Fair Oaks Income Limited is a
registered closed-ended investment company incorporated in
Guernsey. The Company was admitted to trading on the Specialist
Fund Market of the London Stock Exchange (now the Specialist Fund
Segment of the Main Market of the London Stock Exchange) on 12 June
2014.
The investment policy of the Company
is to invest (either directly and/or indirectly through
FOIF II LP and FOMC III LP) in US and European CLOs or other vehicles and structures which
provide exposure to portfolios consisting primarily of US and
European floating-rate senior secured loans and which may include
non-recourse financing.
