9 Jan 2013 10:25
Carador Income Fund plc
9 January 2013
Directors' fees
During the 12 months to 31 December 2012 the Company's assets have increased by more than 60 per cent through growth in the net asset value and share issuance. To reflect the increased level of work undertaken by the board in connection with the growth in the size of the Company, as provided for in the Prospectus dated 16 July 2012, the Company has resolved to increase the maximum level of directors' remuneration by 10 per cent for the financial year ending 31 December 2013, to an aggregate maximum of EUR 259,545 (excluding taxes and withholdings).
Enquiries:
Ailish Taylor
State Street Fund Services (Ireland) Limited
Company Secretary
Tel: +353 776 0027