Oakley Capital Investments Limited Plesk acquisition of SolusVM

TIDMOCI

Oakley Capital Investments Limited

11 June 2018

11 June 2018

Oakley Capital Investments Limited

Plesk acquisition of SolusVM

Oakley Capital Investments Limited(1) (AIM:OCI, the "Company") is pleased to announce that Oakley Capital Private Equity III(2) ("Fund III") portfolio company Plesk(3) , a global software provider, has completed a deal to acquire the assets and operations of SolusVM from OnApp. The deal has been funded entirely using free cashflow from Plesk and no further equity or debt financing was required.

SolusVM is an Infrastructure-as-a-Service management system designed to work with virtual private server hosting packages. This complementary functionality of SolusVM will enhance the Plesk portfolio and demonstrates its commitment to developing the product offering for its hosting provider, reseller and end-user customers. This is the second acquisition made by Plesk since Fund III's investment in April 2017 following the purchase last year of XOVI, a market-leading search engine optimisation software company.

For further information please contact:

Oakley Capital Investments Limited

[phone]

Peter Dubens, Director

Steven Tredget, Investor Relations

Greenbrook Communications Ltd

[phone]

Alex Jones / Matthew Goodman / Gina Bell

Liberum Capital Limited (Nominated Adviser & Broker)

[phone]

Steve Pearce / Henry Freeman / Jill Li

(1) About Oakley Capital Investments Limited ("OCI")

Oakley Capital Investments Limited is a Bermudian company listed on AIM. OCI seeks to provide investors with long term capital appreciation through its investment in Oakley Capital Private Equity L.P., Oakley Capital Private Equity II, Oakley Capital Private Equity III and through co-investment opportunities.

LEI Number: 213800KW6MZUK12CQ815

(2) About Oakley Capital Private Equity L.P. ("Fund I"), Oakley Capital Private Equity II ("Fund II") and Oakley Capital Private Equity III ("Fund III")

Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II and Oakley Capital Private Equity III, are unlisted mid-market private equity funds with the aim of providing 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.

(3) About Plesk

Plesk is a global software company founded in 1999 that has operated independently since May 2017. With over 377,000 server installations and 11 Million hosted websites, Plesk is a leading platform to build, secure and run websites and applications in the cloud.

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June 11, 2018 02:00 ET (06:00 GMT)