REG - Fair Oaks Income Ltd Fair Oaks Incm- FA17 Fair Oaks Income2014 - Reinvestment of Management Fees

Fair Oaks IncomeAnnouncement

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RNS Number : 8113G  Fair Oaks Income Limited  30 April 2025

30 April 2025

 

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 Realisation
Shares and 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 Realisation and 2021 Shares) would be
reinvested to purchase Shares in the secondary market.

 

Accordingly, the Company has been notified that, following the announcement
dated 16 April 2025 regarding the NAV as at 31 March 2025, Fair Oaks Income
Fund (GP) Limited has purchased 158,907 2021 Shares at a price below NAV in
the secondary market.

 

LEI: 2138008KETEC1WM5YP90

 

Enquiries:

 

Fair Oaks Income Limited

Email: contact@fairoaksincome.com (mailto:contact@fairoaksincome.com)

Web: www.fairoaksincome.com (http://www.fairoaksincome.com)

 

Fair Oaks Capital Limited

Investor Relations

DDI: +44 (0) 20 3034 0400

Email: ir@fairoakscap.com (mailto:ir@fairoakscap.com)

 

Apex Fund and Corporate Services (Guernsey) Limited

Email: fairoaksgrp@apexgroup.com

 

Deutsche Numis Securities Limited

Nathan Brown, Investment Broking

DDI: +44 (0) 20 7260 1426

Email: n.brown@numis.com (mailto:n.brown@numis.com)

 

Panmure Liberum Capital Limited

Chris Clarke, Investment Banking

DDI: +44 (0) 20 3100 2190

Email: chris.clarke@liberum.com (mailto: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 FOIF II LP and FOMC III LP) 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.

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