Twentyfour Inc Regulatory News (TFIF)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA,THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND, JAPAN OR ANYJURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. This announcement does not constitute or form part of, and should not beconstrued as, any offer for sale or subscription of, or solicitation of anyoffer to buy or subscribe for, any shares in TwentyFour Income Fund Limited orsecurities in any other entity, in any jurisdiction, including the UnitedStates, nor shall it, or any part of it, or the fact of its distribution, formthe basis of, or be relied on in connection with, any contract or investmentdecision whatsoever, in any jurisdiction. This announcement does not constitutea recommendation regarding any securities. 15 October 2014 TwentyFour Income Fund Limited (a non-cellular company limited by shares incorporated in the Island ofGuernsey under the Companies (Guernsey) Law 2008, as amended, with registerednumber 56128 and registered as a Registered Closed-ended Collective InvestmentScheme with the Guernsey Financial Services Commission) Issue of equity Further to the announcements of 8 and 14 October 2014, the Board of Directors(the "Board") of TwentyFour Income Fund Limited (the "Company") is pleased toannounce that the placing has closed, raising approximately GBP 22.6 millionbefore costs and expenses through the issue of 18,000,000 new ordinaryredeemable shares of 1p each in the capital of the Company (the "New Shares"). The New Shares were issued at 125.769 pence per share , calculated as a 5%premium to the NAV per share as at 10 October 2014 of 121.28p, excluding 1.5pper Share representing an amount equal to the dividend per share for thequarter to 30 September 2014 to which the New Shares will not be entitled. Applications will be made for the new Ordinary Shares to be admitted to thepremium segment of the Official List and to trading on the Main Market of theLondon Stock Exchange. Admission is expected to become effective, and dealingsin the Ordinary Shares to commence, at 8 a.m. on 20October 2014. As a result of this issue of equity, the Company's issued share capital willconsist of 284,908,712 Ordinary shares. For further information, please contact: Numis Securities Limited: +44(0)20 7260 1000Nathan Brown / Hugh Jonathan (Corporate Finance & Broking) TwentyFour Income Fund Limited: +44(0)20 7015 8900John Magrath / Alistair Wilson Important Information Numis Securities Limited is acting only for the Company in connection with thematters described in this announcement and is not acting for or advising anyother person, or treating any other person as its client, in relation theretoand will not be responsible for providing the regulatory protection afforded toclients of Numis Securities Limited or advice to any other person in relationto the matters contained herein.