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GUERNSEY - Fair Oaks Income Limited (LON:FAIR) has issued 750,000 of its 2021 Shares from treasury to satisfy market demand, according to a press release statement issued Monday.
The Guernsey-registered closed-ended collective investment scheme completed the transaction on June 27, 2025, pricing the shares at 52.88 cents each. The company noted that this price represented a premium to the prevailing net asset value per 2021 Share.
Following the transaction, Fair Oaks Income now has 405,815,477 2021 Shares in issue, including 18,485,626 held in treasury. The company also has 33,131,786 Realisation Shares outstanding, bringing its total share count to 438,947,263.
The total number of voting rights in the company stands at 420,461,637, as shares held in treasury do not carry voting rights.
Fair Oaks Income indicated it may issue additional shares subject to market demand at a premium to the prevailing net asset value. The company also affirmed its commitment to the share buyback program that was announced in September 2022.
The company stated that shareholders may use the updated voting rights figure as the denominator for calculations to determine if they need to notify their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
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