TIDMSEQI
RNS Number : 0685E
Sequoia Economic Infra Inc Fd Ld
03 May 2017
THIS ANNOUNCEMENT IS NOT FOR RELEASE, DISTRIBUTION OR
PUBLICATION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED
STATES (INCLUDING TO U.S. PERSONS, AS SUCH TERM IS DEFINED UNDER
REGULATION S OF THE U.S. SECURITIES ACT OF 1933, AS AMENDED, THE
"SECURITIES ACT"), CANADA, AUSTRALIA, NEW ZEALAND, JAPAN OR THE
REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
3 May 2017
Sequoia Economic Infrastructure Income Fund Limited (the
"Company")
Publication of Prospectus
The prospectus of the Company dated 3 May 2017 relating to its
Open Offer, Placing, Offer for Subscription and Placing Programme
of Ordinary Shares (the "Prospectus") announced earlier today has
been approved by the Financial Conduct Authority and has been
published. The Prospectus has been submitted to the National
Storage Mechanism where it will shortly be available for inspection
at www.morningstar.co.uk/uk/NSM.
In addition, the Prospectus will shortly be available to view on
the website of the Company, http://www.seqifund.com/downloads, and
copies of the Prospectus will be made available at the offices of
the Company and at the offices of Praxis Fund Services Limited,
both located at Sarnia House, Le Truchot, St Peter Port, Guernsey
GY1 1GR.
For further information please contact:
Sequoia Investment Management
Company
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Greg Taylor +44 (0)20 7079 0480
Stifel Nicolaus Europe
Limited
Neil Winward
Mark Bloomfield
Gaudi Le Roux +44 (0)20 7710 7600
Praxis Fund Services
Limited (Company Secretary)
Shona Darling +44 (0) 1481 755528
About the Company
Sequoia Economic Infrastructure Income Fund Limited is a
Guernsey-incorporated closed-ended investment company whose
Ordinary Shares are traded on the Main Market of the London Stock
Exchange. The Company's investment objective is to provide its
shareholders with regular, long-term distributions by generating
exposure to senior and subordinated economic infrastructure debt
and related and/or similar assets across a diversified range of
jurisdictions, sectors and sub-sectors. The Company's Ordinary
Shares were admitted to trading on the Main Market of the London
Stock Exchange on 3 March 2015.
IMPORTANT NOTICES
Neither this announcement nor the information contained herein
is for release, publication or distribution, directly or
indirectly, in or into the United States, the Republic of South
Africa, Canada, Australia, New Zealand or Japan or any other
jurisdiction where to do so might constitute a violation of the
relevant laws or regulations of such jurisdiction. The securities
referred to herein have not been and will not be registered under
the relevant securities laws of any such excluded territory.
This announcement does not contain, constitute or form part of
an offer for sale of, resale of, transfer of or delivery of or the
solicitation of an offer to purchase directly or indirectly,
securities in the United States or to, or for the account or
benefit of a U.S. Person (as defined in Regulation S of the
Securities Act). The securities referred to herein have not been,
and will not, be registered under the Securities Act or any other
applicable securities laws of, or with any securities regulatory
authority of, any state or other jurisdiction of the United States,
and may not be offered, sold, resold, transferred or delivered,
directly or indirectly, in the United States or to, or for the
account or benefit of, any U.S. Person absent registration or an
applicable exemption from the registration requirements of the
Securities Act. The Company has not been and will not be registered
under the U.S. Investment Company Act of 1940, as amended, and
neither International Fund Management (the "Investment Manager")
nor Sequoia Investment Management Company (the "Investment
Adviser") will be registered as an investment adviser under the
U.S. Investment Advisers Act of 1940, as amended. Consequently,
investors will not be entitled to the benefits and protections of
the U.S. Investment Company Act of 1940, as amended or the U.S.
Investment Advisers Act of 1940, as amended. The shares of the
Company will be offered and sold only to non-U.S. Persons outside
the United States in reliance on Regulation S under the Securities
Act. There will be no offer of the Company's securities in the
United States. The distribution of this document may also be
restricted by law in other jurisdictions.
This announcement does not constitute or form part of any offer
or invitation to sell, or any solicitation of any offer to purchase
or subscribe for any ordinary shares or any other securities nor
shall it (or any part of it) or the fact of its distribution, form
the basis of, or be relied on in connection with, any contract.
The distribution of this announcement may be restricted by law
in certain jurisdictions and persons into whose possession any
document or other information referred to herein comes should
inform themselves about, and observe, any such restrictions. Any
failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction.
Subject to certain exceptions, the securities referred to herein
may not be offered or sold in the United States, the Republic of
South Africa, Canada, Australia, New Zealand or Japan or to, or for
the account or benefit of, any national, resident or citizen of the
United States, Canada, Japan, Australia, New Zealand or the
Republic of South Africa. There will be no offer of the ordinary
shares in the United States, Canada, the Republic of South Africa,
Japan, Australia or New Zealand.
In member states of the European Economic Area (the "EEA"), this
announcement is directed only at (a) persons who are "qualified
investors" ("Qualified Investors"), being persons falling within
the meaning of Article 2(1)(e) of the Prospectus Directive
(Directive 2003/71/EC) (as amended, including by Directive
2010/73/EU, to the extent such amendments have been implemented in
the relevant Member State and including any relevant implementing
measure in the relevant Member State); (b) in the United Kingdom,
Qualified Investors who are persons who (i) fall within article
19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order"); (ii) fall within
Article 49(2)(a) to (d) ("high net worth companies, unincorporated
associations, etc") of the Order; or (iii) are persons to whom it
may otherwise be lawfully communicated (all such persons together
being referred to as "Relevant Persons"). This announcement must
not be acted on or relied on by persons who are not Relevant
Persons. Any investment or investment activity to which this
announcement relates is available only to Relevant Persons and will
be engaged in only with Relevant Persons.
Stifel Nicolaus Europe Limited ("Stifel"), which is authorised
and regulated in the United Kingdom by the Financial Conduct
Authority, is acting exclusively for the Company and no one else in
connection with the potential equity issue. Stifel will not regard
any other person as its client in relation to the potential issue
and will not be responsible to anyone other than the Company for
providing the protections afforded to its clients, nor for
providing advice in relation to the potential issue, the contents
of this announcement or any transaction, arrangement or other
matter referred to herein.
Neither Stifel nor any of its directors, officers, employees,
advisers, affiliates or agents accepts any responsibility or
liability whatsoever for/or makes any representation or warranty,
express or implied, as to the truth, accuracy or completeness of
the information in this announcement (or whether any information
has been omitted from the announcement) or any other information
relating to the Company or its subsidiary, whether written, oral or
in a visual or electronic form, and howsoever transmitted or made
available or for any loss howsoever arising from any use of the
announcement or its contents or otherwise arising in connection
therewith.
The Company is incorporated in Guernsey and has been registered
as a registered closed-ended collective investment scheme under the
Protection of Investors (Bailiwick of Guernsey) Law, 1987, as
amended. It is suitable only for professional or experienced
investors, or those who have taken appropriate professional
advice.
Regulatory requirements which may be deemed necessary for the
protection of retail or inexperienced investors, do not apply to
listed funds. By investing in the Company you will be deemed to be
acknowledging that you are a professional or experienced investor,
or have taken appropriate professional advice, and accept the
reduced requirements accordingly.
You are wholly responsible for ensuring that all aspects of the
Company are acceptable to you. Investment in listed funds may
involve special risks that could lead to a loss of all or a
substantial portion of such investment. Unless you fully understand
and accept the nature of the Company and the potential risks
inherent in it you should not invest in the Company.
Further information in relation to the regulatory treatment of
listed funds domiciled in Guernsey may be found on the website of
the Guernsey Financial Services Commission at
http://www.gfsc.gg/The-Commission/Pages/Home.aspx.
This information is provided by RNS
The company news service from the London Stock Exchange
END
PDIFXLFBDEFZBBX
(END) Dow Jones Newswires
May 03, 2017 07:46 ET (11:46 GMT)
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