Oakley Capital Investments Limited Disposal of Treasury Shares (9671U)
January 24 2017 - 5:08AM
UK Regulatory
TIDMOCL
RNS Number : 9671U
Oakley Capital Investments Limited
24 January 2017
24 January 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION
IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
Oakley Capital Investments Limited
Disposal of Treasury Shares
Oakley Capital Investments Limited(1) (AIM: OCL, "OCL" or
"Company") announces that on 24 January 2017 it sold 15,000,000
ordinary shares at 157p per share from treasury to institutional
investors for settlement on 7 February 2017. The average
acquisition price of shares held in treasury was 146p and sale
proceeds will be invested in line with the Company's investing
policy.
Following this sale OCL holds 2,108,843 ordinary shares in
treasury which the Board intends to cancel as soon as is
practicable. The number of ordinary shares in issue less the total
number of treasury shares is therefore 204,804,036.
Going forward the Board will maintain its policy of share buy
backs as part of discount control management and will not sell
stock from treasury nor issue new shares at material discounts to
NAV.
For further information please contact:
Oakley Capital Investments Limited
+44 20 7766 6900
Peter Dubens, Director
FTI Consulting LLP
+44 20 3727 1000
Edward Bridges / Stephanie Ellis
Liberum Capital Limited (Nominated Adviser & Broker)
+44 20 3100 2000
Steve Pearce / Steven Tredget / Jill Li
(1) About Oakley Capital Investments Limited ("OCL")
Oakley Capital Investments Limited is a Bermudan company listed
on AIM. OCL seeks to provide investors with long term capital
appreciation through its investments in Oakley Capital Private
Equity L.P., Oakley Capital Private Equity II, Oakley Capital
Private Equity III and, through co-investment opportunities.
This information is provided by RNS
The company news service from the London Stock Exchange
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