Fair Oaks Income Limited Reinvestment of Management Fees (5699P)
October 19 2021 - 10:12AM
UK Regulatory
TIDMFAIR TIDMFA17 TIDMTTM
RNS Number : 5699P
Fair Oaks Income Limited
19 October 2021
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)
REINVESTMENT OF MANAGEMENT FEES
The Company's 2021 prospectus stated that in the event that the
2021 Shares trade at discount to any quarter end NAV, calculated on
the date that the relevant NAV is published, 25% of that quarter's
investment management fees (in respect of the 2021 Shares) would be
reinvested to purchase 2021 Shares in the secondary market.
Accordingly, the Company has been notified that, following the
announcement dated 14 October 2021 regarding the NAV as at 30
September 2021, Fair Oaks Income Fund (GP) Limited has purchased
194,000 2021 Shares in the secondary market.
LEI: 2138008KETEC1WM5YP90
Enquiries:
Fair Oaks Income Limited
Email: contact@fairoaksincome.com
Web: www.fairoaksincome.com
Fair Oaks Capital Limited
Investor Relations
DDI: +44 (0) 20 3034 0400
Email: ir@fairoakscap.com
Praxis Fund Services Limited
Ben Le Prevost
DDI: +44 (0) 1481 755524
Email: Ben.LePrevost@praxisifm.com
Numis Securities Limited
Nathan Brown, Corporate Broking
DDI: +44 (0) 20 7260 1426
Email: n.brown@numis.com
Liberum Capital Limited
Chris Clarke, Investment Banking
DDI: +44 (0) 20 3100 2190
Email: chris.clarke@liberum.com
Fair Oaks Income Limited
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.
The investment policy of the Company is to invest (either
directly and/or indirectly through Master Fund II and Master Fund
III) 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. The Company will implement its investment
policy by remaining invested in the Master Fund II and making new
investments in Master Fund III.
Notes
This document is for information purposes only and is not an
offer to invest. All investments are subject to risk. Past
performance is no guarantee of future returns. Prospective
investors are advised to seek expert legal, financial, tax and
other professional advice before making any investment
decisions.
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END
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