Final Redemption Price of 2014 Shares

RNS Number : 0745T

Fair Oaks Income Limited

15 March 2019

 

Fair Oaks Income Limited

15 March 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)

FINAL REDEMPTION PRICE OF 2014 SHARES

An announcement was made on 13 March 2019 regarding the final compulsory redemption of all 2014 Shares.

The rate per share to be used to pay 2014 Shareholders under the default option, a US Dollar cash payment, will be USD 0.8155 being the NAV per 2014 Share as at 28 February 2019 of USD 0.8225 less the 0.7 US cents dividend declared for that month (the "Redemption Price").

Enquiries

Fair Oaks Income Limited

Email: [e-mail]

Web: www.fairoaksincome.com30

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

LEI: 2138008KETEC1WM5YP90

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.

Following the final redemption of 2014 Shares the investment policy of the Company will be to invest (either directly and/or indirectly through FOMC II 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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