TIDMSEQI

RNS Number : 1416Q

Sequoia Economic Infra Inc Fd Ld

17 October 2019

17 October 2019

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

Issue of Shares in connection with the payment of Investment Adviser fees

The Company announces that it has issued today 225,522 ordinary shares of no par value each ("New Ordinary Shares") to Sequoia Investment Management Company, the Company's Investment Adviser, in relation to fees payable for the three month period ended 30 September 2019. The New Ordinary Shares have been issued pursuant to the Investment Advisory Agreement ("IAA"), details of which were disclosed in the prospectus published by the Company on 19 September 2018.

The New Ordinary Shares are being issued at 114.0375 pence per share which represents the closing ordinary share price, on 15 October 2019, of 115.6 pence, less the dividend declared for the three month period ended 30 September 2019 of 1.5625 pence per ordinary share.

Applications will be made for the New Ordinary Shares to be admitted to the premium segment of the Official List, and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8am on 31 October 2019. The New Ordinary Shares will rank pari passu with the ordinary shares already in issue.

Following Admission, the Company's issued share capital will consist of 1,386,579,013 ordinary shares. Therefore, the total number of voting rights of the Company is 1,386,579,013 and this figure 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 of a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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 
 Tulchan Communications (Financial 
  PR) 
  James Macey White 
  Martin Pengelley 
  Elizabeth Snow                      +44 (0)20 7353 4200 
 Praxis Fund Services Limited 
  (Company Secretary) 
  Matt Falla                          +44 (0)1481 755530

About Sequoia Economic Infrastructure Income Fund Limited

The Company seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

LEI: 2138006OW12FQHJ6PX91

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 rns@lseg.com or visit www.rns.com.

END

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October 17, 2019 02:02 ET (06:02 GMT)

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