Voting Rights and Capital

Fair Oaks Income Limited

21 December 2023

 

21 December 2023

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 49,906,358 Realisation Shares following the redemption of 3,674,523 Realisation Shares effected on 20 December 2023, as well as 405,815,477 Shares (including 23,613,246 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 455,721,835 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 432,108,589.

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 GG00BPG7H086.

It is expected that the proceeds of the redemption will be paid to Realisation Shareholders on 9 January 2024.

LEI: 2138008KETEC1WM5YP90

Enquiries:

Fair Oaks Income Limited

Email: [e-mail]

Web: www.fairoaksincome.com

Fair Oaks Capital Limited

Investor Relations

DDI: [phone]

Email: [e-mail]

Sanne Fund Services (Guernsey) Limited

Email: [e-mail]  

Numis Securities Limited

Nathan Brown / Matt Goss, Investment Broking

DDI: [phone]/1642

Email: [e-mail] / [e-mail]

Liberum Capital Limited

Chris Clarke, Investment Banking

DDI: [phone]

Email: [e-mail]

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.

 

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