Purchase of Shares

RNS Number : 7528G

Oakley Capital Investments Limited

03 July 2012

 



3 July 2012

Oakley Capital Investments Limited

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 yesterday purchased 466,150 ordinary shares of 1p each in OCIL at 114p per share.

Purchased shares will be held in treasury by the Company and shares will not carry voting or dividend distribution rights.

Following this transaction, the number of ordinary shares in issue less purchased shares held in treasury will be 127,658,850 and therefore the total number of voting rights in the Company is 127,658,850.

-ends-

For further information please contact:
Oakley Capital Investments Limited
Peter Dubens (Director)	[phone]
Liberum Capital Limited
Steven Pearce / Tom Fyson	[phone]

 

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