REG - Oakley Capital Inv. - Change of Administrator

Sandon Capital InvestmentsAnnouncement

29/07/2021 09:28

RNS Number : 8357D
  
Oakley Capital Investments Limited
  
01 July 2021
  
 

01 July 2021
Oakley Capital Investments Limited
 
Change of Administrator
 
Oakley Capital Investments Limited1 (the "Company") announces that it has today entered into an administration agreement (the "Agreement") with its Investment Adviser, Oakley Capital Limited, who will now be providing administrative services to the Company, with effect from 1 July 2021. The change in provider is designed to make current processes more efficient and decrease reporting time scales, to facilitate the Company moving to quarterly NAV reporting.
The fees payable by the Company pursuant to the Agreement, will be commensurate with those currently paid to Mayflower Management Services (Bermuda) Limited ("Mayflower"), the current provider under the Company's current administration agreement.
Entering into the Agreement with the Investment Adviser will constitute a related party transaction in accordance with the Company's related party policy. Pursuant to that policy, the Company has obtained a fairness opinion from Liberum Capital Limited, prior to entering into the Agreement.
The Board wishes to thank Mayflower for its services to the Company since its launch.
 
For further information please contact:
 
Oakley Capital Limited
+44 20 7766 6900
Steven Tredget, Investor Relations
 
Greenbrook Communications Limited
+44 20 7952 2000
Alex Jones / Michael Russell
 
Liberum Capital Limited (Financial Adviser & Broker)
+44 20 3100 2000
Chris Clarke / Darren Vickers / Owen Matthews
 
Notes:
LEI Number: 213800KW6MZUK12CQ815
1 About Oakley Capital Investments Limited ("OCI")
OCI is a Specialist Fund Segment ("SFS") traded investment vehicle that aims to provide shareholders with consistent long-term capital growth in excess of the FTSE All-Share Index by providing liquid access to private equity returns through investment in the Oakley Funds. 
A video introduction to OCI is available at https://oakleycapitalinvestments.com/videos/
The contents of the OCI website are not incorporated into, and do not form part of, this announcement.
Oakley Capital, the Investment Adviser
Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability to source attractive growth assets at attractive prices. To do this it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.
The Oakley Funds
Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II, Oakley Capital Private Equity III, Oakley Capital IV and Oakley Capital Origin Fund are unlisted lower-mid to mid-market private equity funds that aim to provide investors with significant long-term capital appreciation. The investment strategy of the Funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement.
Important information
Specialist Fund Segment securities are not admitted to the Official List of the Financial Conduct Authority. Therefore, the Company has not been required to satisfy the eligibility criteria for admission to listing on the Official List and is not required to comply with the Financial Conduct Authority's Listing Rules.
The Specialist Fund Segment is intended for institutional, professional, professionally advised and knowledgeable investors who understand, or who have been advised of, the potential risk from investing in companies admitted to the Specialist Fund Segment.
 

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