Fair Oaks Income Limited Voting Rights and Capital (5033M)

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RNS Number : 5033M

Fair Oaks Income Limited

31 July 2017

Fair Oaks Income Limited

31 July 2017

FAIR OAKS INCOME LIMITED (the "Company")

(Incorporated in Guernsey under The Companies (Guernsey) Law, 2008, as amended, with registered number 58123 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission)

VOTING RIGHTS AND CAPITAL AS AT 31 JULY 2017

In conformity with the FCA's Disclosure and Transparency Rules (DTR 5.6.1), the Company notifies that the Company's issued share capital consists of 46,501,283 2014 Shares further to the redemption of 926,919 2014 Shares effected on 28 July 2017, as well as 332,924,938 2017 Shares. The Company holds no shares in Treasury. Under the Articles, at any general meeting of the Company each Share (2014 Share and 2017 Share) shall have one vote. Accordingly, the figure which may be used by the Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules is the aggregate of Shares, namely 379,426,221. Similarly, to calculate the numerator, Shareholders should aggregate their holdings of 2014 Shares and 2017 Shares to calculate the relevant number of voting rights for the numerator.

With effect from today the 2014 Shares will trade under the new ISIN number GG00BF1Y5666.

It is expected that the proceeds of the redemption will be paid through CREST to holders of Shares in uncertificated form, and paid by cheque to holders of Shares in certificated form, on 14 August 2017.

The default payment will be US Dollars however, redemption payments can also be paid in Sterling providing the relevant shareholder registered to receive redemption payments in Sterling by the redemption record date on 28 July 2017.

Enquiries:

Fair Oaks Income Limited

Email: [e-mail]

Web: www.fairoaksincome.com

Fair Oaks Capital Limited

Investor Relations

DDI: [phone]

Email: [e-mail]

Praxis Fund Services Limited

Ben Le Prevost

DDI: [phone]

Email: [e-mail]

Numis Securities Limited

Nathan Brown, Corporate Broking and Advisory

DDI: [phone]

Email: [e-mail]

Fair Oaks Income Limited

Fair Oaks Income Limited is a registered closed-ended investment company incorporated in Guernsey. The Company was admitted to trading on the Specialist Fund Market of the London Stock Exchange (now the Specialist Fund Segment of the Main Market of the London Stock Exchange) on 12 June 2014.

The investment policy of the Company is to invest (either directly and/or indirectly through FOIF LP (the "Master Fund") and/or FOMC II LP ("Master Fund II") in US and European CLOs or other vehicles and structures which provide exposure to portfolios consisting primarily of US and European floating-rate senior secured loans and which may include non-recourse financing. The Company will implement its investment policy by remaining invested in the Master Fund and making new investments in Master Fund II.

Notes

This document is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

This information is provided by RNS

The company news service from the London Stock Exchange

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July 31, 2017 02:00 ET (06:00 GMT)