RNS Number : 2332P
Fair Oaks Income Limited
09 December 2024
 

9 December 2024

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)

 

Voting Rights and Capital

 

In accordance with the FCA's Disclosure and Transparency Rules (DTR 5.6.1), the Company notified that the Company's share capital consists of 41,086,020 Realisation Shares following the redemption of 3,738,331 Realisation Shares effected on 6 December 2024, as well as 405,815,477 2021 Shares (including 28,560,207 2021 Shares in Treasury, where the Company may not exercise any voting rights which may be attached to those shares). Accordingly, the aggregate shares in issue is 446,901,497 Shares.

Under the Articles, at any general meeting of the Company each Share (Realisation Shares and 2021 Shares) shall have one vote. Accordingly, the figure which 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 and Transparent Rules is the aggregate of Shares, namely 418,341,290.

Similarly, to calculate the numerator, Shareholders should aggregate their holdings of Realisation Shares and 2021 Shares to calculate the relevant number of voting rights for the numerator.

With effect from today, the Realisation Shares will trade under the new ISIN number GG00BS9F9F93.

It is expected that the proceeds of the redemption will be paid to Realisation Shareholders on 20 December 2024.

 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

 

Sanne Fund Services (Guernsey) Limited

Email: Fairoaksgrp@apexfs.group

 

Duetsche Numis Securities Limited

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.

 

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