REG - Oakley Capital Inv. - New Investment Advisory Agreement

Sandon Capital InvestmentsAnnouncement

21/12/2021 08:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211221:nRSU2689Wa&default-theme=true

RNS Number : 2689W  Oakley Capital Investments Limited  21 December 2021

21 December 2021

Oakley Capital Investments Limited

 

New Investment Advisory and Operational Services Agreement and Replacement of
Corporate Services Provider

 

Oakley Capital Investments Limited(1) (the "Company") announces that it has
today agreed to enter into a new Investment Advisory and Operational Services
Agreement (the "New Agreement") with Oakley Capital Limited(2) (the
"Investment Adviser") as part of an exercise to simplify its investment
management arrangements. To date an Operational Services Agreement ("OSA") was
in place between the Company and Oakley Capital Manager Limited ("OCML") and
the corresponding investment advisory agreement ("IAA") was in place between
OCML and the Investment Adviser. Under the New Agreement, the Investment
Adviser shall provide the investment advisory and operational services
directly to the Company on equivalent terms to the existing agreement. The New
Agreement becomes effective from 1 January 2022 (the "Effective Date") and the
OSA and IAA will terminate immediately prior to the Effective Date on 31
December 2021.

As entry into the New Agreement constitutes a related party transaction in
accordance with the Company's related party policy, the Company has obtained a
fairness opinion from Liberum Capital Limited, prior to entering into the New
Agreement.

The Company also announces that it has today agreed to enter into a new
corporate secretarial services agreement with Carey Olsen Services Bermuda
Limited ("COSBL"). COSBL shall replace OCML as the Company's corporate
services provider, effective from the Effective Date.

 

For further information please contact:

 

Oakley Capital Limited (Administrator and Investment Adviser)

+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/
(https://oakleycapitalinvestments.com/videos/)

The contents of the OCI website are not incorporated into, and do not form
part of, this announcement.

(2) Oakley Capital Limited, the Investment Adviser

Oakley Capital Limited is an English limited liability company authorised and
regulated by the UK Financial Conduct Authority. OCL was founded in 2002 and
acts as the investment adviser to the Oakley Funds.

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.

 

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  AGRDKKBDDBDBDBB