Sequoia Econ Infra - Purchase of Shares re Investment Adviser fee

Sequoia Economic Infrastructure Income Fund

29/04/2025 07:00

RNS Number : 5087G

Sequoia Economic Infra Inc Fd Ld

29 April 2025

 

29 April 2025

 

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 between the Company and Sequoia Investment Management Company Limited (the "Investment Adviser"), the Investment Adviser has acquired 318,381 ordinary shares in the capital of the Company ("Ordinary Shares") at an average price of 76.68 pence per Ordinary Share, in relation to fees payable for the three-month period ended 31 March 2025. The Ordinary Shares have been purchased pursuant to the Investment Advisory Agreement ("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 6,948,042 Ordinary Shares, representing 0.45% of the Company's issued Ordinary Shares (excluding Treasury Shares).

 

For further information, please contact:

 

Sequoia Investment Management Company
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Anurag Gupta
+44 (0) 20 7079 0480
Jefferies International Limited (Joint Corporate Broker & Financial Adviser)
Gaudi Le Roux
Stuart Klein
+44 (0) 20 7029 8000
J.P. Morgan Cazenove (Joint Corporate Broker & Financial Adviser)
William Simmonds
Jeremie Birnbaum
+44 (0) 20 7742 4000
Teneo (Financial PR)
Elizabeth Snow
Faye Calow
+44 (0) 20 7353 4200
Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary)
Aoife Bennett
James Taylor
+44 (0) 20 7592 0419

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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