Dividend Declaration

RNS Number : 7909M

Fair Oaks Income Limited

10 January 2019

 

Fair Oaks Income Limited

10 January 2019

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)

DIVIDEND DECLARATION

Dividend for Month Ended 31 December 2018

The Directors of Fair Oaks Income Limited have declared that interim dividends will be payable as follows in respect of the month ended 31 December 2018:

Ex-Dividend Date:                                                17 January 2019

Record Date:                                                         18 January 2019

Payment Date:                                                      31 January 2019

Dividend rate for 2014 Shareholders:               4.26 US cents per share

Dividend rate for 2017 Shareholders:               3.45 US cents per share

The Company will not be offering a scrip dividend alternative to the 2017 Shareholders for this dividend.

The default payment for dividends remains in US Dollars however, dividends are capable of being paid in Sterling provided that the relevant shareholder has registered to receive their dividend in Sterling under the Company's Dividend Currency Election. A copy of the Dividend Currency Election form, which should be sent to Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU when completed can be found on the Company's website at http://www.fairoaksincome.com.

CREST shareholders must elect via CREST.

Dividends will be paid gross of tax.

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]

Praxis Fund Services Limited

Ben Le Prevost

DDI: [phone]

Email: [e-mail]

Numis Securities Limited

Nathan Brown, Corporate Broking

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 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.

 

END

 

 

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