Director/PDMR Shareholding

RNS Number : 8481E

Sequoia Economic Infra Inc Fd Ld

03 March 2020

 

3 March 2020

Sequoia Economic Infrastructure Income Fund Limited (the "Company" or "SEQI")

DIRECTOR / PDMR DEALING

Further to the announcement by the Company on 27 February 2020 in relation to the issue of further Ordinary Shares in the capital of the Company, the Board wishes to notify of the following dealings by persons discharging managerial responsibility who participated in the Initial Issue:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Jennings, and persons closely associated.
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sequoia Economic Infrastructure Income Fund Limited
b)	LEI	2138006OW12FQHJ6PX91
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of no par value GG00BV54HY67
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.12 22,666
d)	Aggregated information - Aggregated volume - Price	22,666  £25,385.92
e)	Date of the transaction	3 March 2020
f)	Place of the transaction	LONDON STOCK EXCHANGE, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sandra Platts
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sequoia Economic Infrastructure Income Fund Limited
b)	LEI	2138006OW12FQHJ6PX91
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of no par value GG00BV54HY67
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.12 5,319
d)	Aggregated information - Aggregated volume - Price	5,319 £5,957.28
e)	Date of the transaction	3 March 2020
f)	Place of the transaction	LONDON STOCK EXCHANGE, (XLON)

Following the above transactions, the Directors of the Company, including Ordinary Shares held by persons closely associated, have the following beneficial interests in the Company's issued Ordinary Share capital:

	Shares	% of issued Ordinary Shares
Robert Jennings	242,666*	0.015%
Jan Pethick	263,820	0.016%
Sandra Platts	26,776	0.001%
Jon Bridel	10,452	0.000%

* selected holdings previously deemed to be connected holdings have been disaggregated where this is no longer the case.

For further information please contact:

For further information:
Sequoia Investment Management Company	[phone]
Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor
Jefferies International Limited	[phone]
Gary Gould Stuart Klein
Tulchan Communications (Financial PR)	[phone]
Martin Pengelley Elizabeth Snow Deborah Roney
Praxis Fund Services Limited (Company Secretary)	[phone]
Matt Falla Katrina Rowe

About Sequoia Economic Infrastructure Income Fund Limited

The Company is a Guernsey registered closed-ended investment company that seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

LEI: 2138006OW12FQHJ6PX91

 

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