Carador Income Fund PLC Partial Compulsory Redemption of US Dollar Shares (4650H)

TIDMCIFU TIDMCIFR

RNS Number : 4650H

Carador Income Fund PLC

01 August 2019

1 August 2019

Carador Income Fund plc (the "Company")

Partial Compulsory Redemption of U.S. Dollar Shares and Total Voting Rights

Following the redemption of 23,474,177 U.S. Dollar Shares at a rate of US$0.6603 per U.S. Dollar Share on 31 July 2019 (as previously announced on 19 July 2019), the Company now has 52,601,225 U.S. Dollar Shares in issue. With effect from today the Company's U.S. Dollar Shares will trade under the new ISIN number IE00BK8QD990.

On this basis, a holder of 10,000 U.S. Dollar Shares has had 3,085 U.S. Dollar Shares redeemed, and will receive US$2,037.02 in cash. 30.8565% of the issued U.S. Dollar Share capital was redeemed.

In conformity with the FCA's Disclosure Guidance and Transparency Rules, the Company notifies that the Company's issued share capital consists of:

52,601,225 U.S. Dollar Shares of no par value

6,617,236 Repurchase Pool Shares of no par value

Each U.S. Dollar Share and each Repurchase Pool Share carries the right to 1 vote. The total number of voting rights in the Company is, therefore, 59,218,461. The Company holds no ordinary shares in treasury. The above figure 59,218,461 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

It is expected that the proceeds of the redemption will be paid through CREST to holders of U.S. Dollar Shares in uncertificated form, and paid by cheque to holders of Shares in certificated form, by 9 August 2019.

Capitalised terms used but not defined in this announcement shall bear the meanings ascribed to them in the Circular dated 23 November 2018.

Enquiries:

 
Jessica Mayer                                  Tel: +44 20 7758 9028 
 GSO / Blackstone 
 Investor Relations and Client Service 
Ciara Timon                                    Tel: +353 1 7766 483 
 State Street Fund Services (Ireland) Limited 
 Company Secretary 
James Maxwell/Ben Farrow                       Tel: +44 20 7496 3000 
 N+1 Singer

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