Sequoia Econ Infra - Purchase of Shares re Investment Advisor Fee

Sequoia Economic Infrastructure Income Fund

22/10/2024 17:38

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RNS Number : 1950J  Sequoia Economic Infra Inc Fd Ld  22 October 2024

22 October 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 between the Company and Sequoia Investment Management
Company Limited (the "Investment Adviser"), the Investment Adviser has
acquired 306,410 ordinary shares in the capital of the Company ("Ordinary
Shares") at a price of 78.20 pence per Ordinary Share, in relation to fees
payable for the three-month period ended 30 September 2024. 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 6,629,661
Ordinary Shares, representing 0.42% of the Company's issued Ordinary Shares
(excluding Treasury Shares).

 

For further information please contact:

 

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

 Steve Cook

 Dolf Kohnhorst

 Randall Sandstrom

 Anurag Gupta

 Matt Dimond

 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

 Shona Darling

 

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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