REG - Sequoia Econ Infra - Purchase of Shares re Investment Advisor Fee

Sequoia Economic Infrastructure Income FundAnnouncement

15/04/2024 17:15

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RNS Number : 6829K  Sequoia Economic Infra Inc Fd Ld  15 April 2024

15 April 2024

 

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

 

Purchase of Shares in connection with payment of Investment Adviser fees

 

The Company announces that, in accordance with the terms of the Investment
Advisory Agreement ("IAA") between the Company and Sequoia Investment
Management Company Limited (the "Investment Adviser"), the Investment Adviser
has acquired 300,000 ordinary shares in the capital of the Company ("Ordinary
Shares") at a volume weighted average price of 81.15 pence per Ordinary Share,
in relation to fees payable for the three-month period ended 31 March 2024.
The Ordinary Shares have been purchased pursuant to the IAA, details of which
were disclosed in the prospectus published by the Company on
10 February 2020.

 

Following the purchase, the Investment Adviser has an interest in 6,008,663
Ordinary Shares, representing 0.37% of the Company's issued Ordinary Shares
(excluding shares held in treasury).

 

For further information please contact:

 

 Sequoia Investment Management Company                                       +44 (0) 20 7079 0480

 Steve Cook

 Dolf Kohnhorst

 Randall Sandstrom

 Anurag Gupta

 Matt Dimond

 Georgi Teofilov

 Jefferies International Limited (Corporate Broker & Financial Adviser)      +44 (0) 20 7029 8000

 Gaudi Le Roux

 Stuart Klein

 Teneo (Financial PR)                                                        +44 (0) 20 7353 4200

 Martin Pengelley

 Elizabeth Snow

 Sanne Fund Services (Guernsey) Limited (Company Secretary)                  +44 (0) 20 3530 3107

 Matt Falla

 Lisa Garnham

 

About Sequoia Economic Infrastructure Income Fund Limited

 

The Company is a Guernsey registered closed-ended investment company that
seeks to provide investors with regular, sustained, long-term distributions
and capital appreciation from a diversified portfolio of senior and
subordinated economic infrastructure debt investments. The Company is advised
by Sequoia Investment Management Company Limited.

 

LEI: 2138006OW12FQHJ6PX91

 

 

 

 

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