Last checked at 14 Dec 2018 08:56
Fair Oaks Income Limited
14 December 2018
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 AS AT 14 December 2018
In conformity with the FCA's Disclosure and Transparency Rules (DTR 5.6.1), the Company notifies that the Company's issued share capital consists of 21,942,137 2014 Shares following the redemption of 3,324,818 2014 Shares effected on 13 December 2018, as well as 453,348,737 2017 Shares. The Company holds no shares in Treasury. Under the Articles, at any general meeting of the Company each Share (2014 Share and 2017 Share) shall have one vote. Accordingly, the figure which may be used by the 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 FSA's Disclosure and Transparency Rules is the aggregate of Shares, namely 475,290,874. Similarly, to calculate the numerator, Shareholders should aggregate their holdings of 2014 Shares and 2017 Shares to calculate the relevant number of voting rights for the numerator.
With effect from today the 2014 Shares will trade under the new ISIN number GG00BHJWCC13.
It is expected that the proceeds of the redemption will be paid through CREST to holders of Shares in uncertificated form, and paid by cheque to holders of Shares in certificated form, on 28 December 2018.
The default payment will be US Dollars however, redemption payments can also be paid in Sterling providing the relevant shareholder registered to receive redemption payments in Sterling by the redemption record date on 13 December 2018.
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
Praxis Fund Services Limited
Ben Le Prevost
DDI: +44 (0) 1481 755524
Email: Ben.LePrevost@praxisifm.com
Numis Securities Limited
Nathan Brown, Corporate Broking
DDI: +44 (0) 20 7260 1426
Email: n.brown@numis.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 the Master Fund and/or Master Fund II) 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. The Company will implement its investment policy by remaining invested in the Master Fund and making new investments in Master Fund II.