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

Fair Oaks IncomeAnnouncement

03/02/2025 07:00

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RNS Number : 5259V  Fair Oaks Income Limited  03 February 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 Shares 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 January 2025 regarding the NAV as at 31 December 2024, Fair Oaks
Income Fund (GP) Limited has purchased 18,914 Realisation Shares and 163,058
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)

 

Sanne Fund Services (Guernsey) Limited

Email: fairoaksgrp@apexgroup.com (mailto:fairoaksgrp@apexgroup.com)

 

Numis Securities Limited

Nathan Brown/Matt Goss, Investment Banking

DDI: +44 (0) 20 7260 1426/1642

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 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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