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GUERNSEY - Fair Oaks Income Limited announced it has issued 2.85 million of its 2021 Shares from treasury on June 24, 2025, to meet market demand.
The shares were issued at 52.88 cents per share, representing a premium to the current net asset value per 2021 Share, according to a company press release.
Following the transaction, Fair Oaks Income has 405,815,477 2021 Shares in issue, including 19,735,626 held in treasury. The company also has 33,131,786 Realisation Shares outstanding, bringing the total share count to 438,947,263.
The total number of voting rights in the company now stands at 419,211,637, as shares held in treasury do not carry voting rights.
Fair Oaks Income indicated it may issue additional shares based on market demand at a premium to net asset value, while maintaining its commitment to the share buyback program announced in September 2022.
The Guernsey-incorporated company operates as a registered closed-ended collective investment scheme regulated by the Guernsey Financial Services Commission.
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