Fair Oaks Income Ltd Fair Oaks Incm- FA17 Fair Oaks Income2014 - Directorate Change
27/09/2023 15:49
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230927:nRSa8827Na&default-theme=true RNS Number : 8827N Fair Oaks Income Limited 27 September 2023 27 September 2023 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) Appointment of Non-Executive Director The Board of the Company is pleased to announce the appointment of Richard Burwood as a non-executive Director of the Company and Chairman of the Board with effect from 27 September 2023. Mr Burwood is a resident of Guernsey with over 30 years' experience in banking and investment management. During 18 years with Citibank London, he spent 11 years as a fixed income portfolio manager spanning both banks/corporate investments and Asset Backed Securities. Mr Burwood has lived in Guernsey since 2010, initially working as a portfolio manager for EFG Financial Products. From 2011 to 2013, he worked as the Business and Investment Manager for Man Investments, Guernsey. From January 2013 to September 2023, he served on the board of TwentyFour Income Fund, a Guernsey company specialising in Asset-Backed investments. In January 2014, Mr Burwood joined the board of RoundShield Fund, a Guernsey fund, focused on European small to mid-cap opportunities. In August 2015, he became a Board Member of Funding Circle SME Income Fund Ltd, which provided investors access to a diversified pool of SME loans originated through Funding Circle's marketplaces in the UK, US and Europe. Mr Burwood also serves on the boards of Habrok, a hedge fund specialising in Indian equities, EFG International Finance (Guernsey) Ltd, a structured note issuance vehicle and Highland CLO Funding Ltd, an investor in US CLOs. In line with the Board's Succession Plan, Dr Claudio Albanese stood down from the position of the Chairman of the Board but remains as non-executive Director. There are no other matters in respect of Listing Rule 9.6.13 of the Financial Conduct Authority's Listing Rules, to be declared. 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) Sanne Fund Services (Guernsey) Limited Email: fairoaksgrp@apexfs.group (mailto:fairoaksgrp@apexfs.group) Numis Securities Limited Nathan Brown, Investment Banking DDI: +44 (0) 20 7260 1426 Email: n.brown@numis.com (mailto:n.brown@numis.com) 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. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END BOAPPUMCBUPWGCM