Share Issue/Capital Change • Dec 14, 2018
Share Issue/Capital Change
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National Storage Mechanism | Additional information
RNS Number : 5533K
Fair Oaks Income Limited
14 December 2018
Fair Oaks Income Limited
14 December 2018
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)
PORTFOLIO UPDATE
Following the Sixth Redemption, given the capital returned to 2014 Shareholders to date and the reduced market capitalisation of the 2014 Shares, the Board is considering whether an early redemption of the 2014 Shares (offering qualifying shareholders the opportunity to exchange their shares for a direct interest in the Master Fund or, alternatively, to receive their NAV in cash immediately) may be in the best interest of 2014 Shareholders. A further announcement will follow in due course.
LEI: 2138008KETEC1WM5YP90
Enquiries:
Fair Oaks Income Limited
Email: [email protected]
Fair Oaks Capital Limited
Investor Relations
DDI: +44 (0) 20 3034 0400
Email: [email protected]
Praxis Fund Services Limited
Ben Le Prevost
DDI: +44 (0) 1481 755524
Email: [email protected]
Numis Securities Limited
Nathan Brown, Corporate Broking
DDI: +44 (0) 20 7260 1426
Email: [email protected]
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 the Master Fund and/or Master Fund II) 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. The Company will implement its investment policy by remaining invested in the Master Fund and making new investments in Master Fund II.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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