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Fair Oaks Income Limited issued 1,055,000 of its 2021 Shares from treasury on 17 July 2025 at a price of 53.805 cents per share, a premium to the prevailing net asset value. Following this transaction, the Company reports 405,815,477 2021 Shares in issue (including 16,930,626 held in treasury) and a total of 422,016,637 voting rights.
| Date | 18 Jul 2025 |
| Time | 07:00:08 |
| Category | Capital structure |
| ID | 5602R |
18 July 2025
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)
Issue of Treasury Shares
The Company announces that, to satisfy market demand, on 17 July 2025 it issued 1,055,000 of its 2021 Shares from treasury. The 2021 Shares were issued at a price of 53.805 cents per 2021 Share, a premium to the prevailing net asset value per 2021 Share.
The Company may issue further shares subject to market demand at a premium to the prevailing NAV and will maintain its commitment to the share buyback programme announced in September 2022.
Following this transaction, the Company announces that the total number of voting rights in respect of the following class of shares is:
|
Share Class |
Number of shares in issue
|
|
2021 Shares* Realisation Shares Total Shares
|
405,815,477 33,131,786 438,947,263 |
*includes 16,930,626 2021 Shares held in Treasury.
2021 Shares and Realisation Shares each carry one vote per share held (excluding Shares held in Treasury). Therefore, the total number of voting rights in the Company is 422,016,637 and 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 Guidance and Transparency Rules.
LEI: 2138008KETEC1WM5YP90
Enquiries:
Fair Oaks Income Limited
Email: contact@fairoaksincome.com
Fair Oaks Capital Limited
Investor Relations
DDI: +44 (0) 20 3034 0400
Email: ir@fairoakscap.com
Apex Fund and Corporate Services (Guernsey) Limited
Email: fairoaksgrp@apexgroup.com
Deutsche Numis Securities Limited
Nathan Brown, Investment Broking
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.