18 September 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 44,824,351 Realisation
Shares following the redemption of 5,082,007 Realisation Shares effected
on 17 September 2024, as well as 405,815,477 2021 Shares
(including 24,181,157 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 450,639,828 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 426,458,671.
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
GG00BSQNQD31.
It is expected that the proceeds of
the redemption will be paid to Realisation Shareholders on 1
October 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.