Purchase of Shares

RNS Number : 2615F

Oakley Capital Investments Limited

18 February 2015

 

18 February 2015

Oakley Capital Investments Limited ("OCIL" or the "Company")

Purchase of Shares

Oakley Capital Investments Limited ('the Company' or 'OCIL') announces that the Board has authorised a share buy-back programme of up to 4 million ordinary shares in the Company at prices below the estimated Net Asset Value per share. The Investment Manager believes that purchasing shares at a discount to NAV will enhance returns to shareholders.

Subsequently, the Company today purchased 2,967,155 ordinary shares of 1p each in OCIL at 151p per share.

Following this transaction, the Company will hold 9,967,155 ordinary shares in treasury.

The number of ordinary shares in issue is 128,125,000 therefore the number of ordinary shares in issue less purchased shares held in treasury will be 118,157,845 and the total number of voting rights in the Company is 118,157,845.

For further information please contact:

Oakley Capital Investments Limited

[phone]

Peter Dubens

FTI Consulting

[phone]

Edward Bridges / Emily Desmier

Liberum Capital Limited (Nominated Adviser & Broker)

[phone]

Steve Pearce / Tom Fyson

About Oakley Capital Investments Limited ("OCIL")

Oakley Capital Investments Limited is a Bermudan based company listed on AIM. OCIL seeks to provide investors with long term capital appreciation through its investments in Oakley Capital Private Equity L.P. and Oakley Capital Private Equity II and, over time, through co-investment opportunities.

About Oakley Capital Private Equity L.P. and Oakley Capital Private Equity II

Oakley Capital Private Equity L.P. and its successor fund, Oakley Capital Private Equity II, are both unlisted UK and European mid-market private equity funds with the aim of providing investors with significant long term capital appreciation. The investment strategy of both funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement. Both funds seek to invest in companies with scale in their industry subsectors, thereby creating a sustainable earnings stream which should command a premium on exit.

 

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