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Pin to quick picksOakley Regulatory News (OCI)

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Oakley Capital Investments is an Investment Trust

To achieve capital appreciation through investments in a diversified portfolio of private mid-market businesses primarily in Europe.

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Purchase of Shares

10 Feb 2015 07:00

RNS Number : 4696E
Oakley Capital Investments Limited
10 February 2015
 

10 February 2015

 

Oakley Capital Investments Limited ("OCIL" or the "Company")

 

Purchase of Shares

 

Oakley Capital Investments Limited ("the Company" or "OCIL") announces that, following authorisation by its Board of a share buy-back programme of up to 7 million ordinary shares in the Company at prices below the estimated Net Asset Value (NAV) per share, the Company yesterday purchased 7 million ordinary shares of 1p each in OCIL at 152p per share. The Investment Manager believes that purchasing shares at a discount to NAV will enhance returns to shareholders.

 

Purchased shares will be held in treasury by the Company and will not carry voting or dividend distribution rights.

 

Following this transaction, the Company will hold 7 million ordinary shares in treasury.

 

The number of ordinary shares in issue is 128,125,000 therefore the number of ordinary shares in issue less purchased shares held in treasury will be 121,125,000 and the total number of voting rights in the Company is 121,125,000.

 

 

For further information please contact:

 

Oakley Capital Investments Limited

+44 20 7766 6900

Peter Dubens

 

FTI Consulting

+44 20 3727 1000

Edward Bridges / Emily Desmier

 

Liberum Capital Limited (Nominated Adviser & Broker)

+44 20 3100 2000

Steve Pearce / Tom Fyson

 

About Oakley Capital Investments Limited ("OCIL")

Oakley Capital Investments Limited is a Bermudan based company listed on AIM. OCIL seeks to provide investors with long term capital appreciation through its investments in Oakley Capital Private Equity L.P. and Oakley Capital Private Equity II and, over time, through co-investment opportunities.

 

About Oakley Capital Private Equity L.P. and Oakley Capital Private Equity II

Oakley Capital Private Equity L.P. and its successor fund, Oakley Capital Private Equity II, are both unlisted UK and European mid-market private equity funds with the aim of providing investors with significant long term capital appreciation. The investment strategy of both funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement. Both funds seek to invest in companies with scale in their industry subsectors, thereby creating a sustainable earnings stream which should command a premium on exit.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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