TIDMOCI

RNS Number : 3661B

Oakley Capital Investments Limited

30 September 2022

30 September 2022

Oakley Capital Investments Limited

Result of Annual General Meeting

The Board of Directors (the 'Board') of Oakley Capital Investments Limited(1) ('OCI' or 'the Company') announces that at the 2022 Annual General Meeting of the Company held today, 30 September 2022, all the resolutions set out in the Notice of the Meeting were passed by the requisite majorities.

The results of the AGM resolutions are set out below:

 
                                         For                  Against          Withheld 
                                              % Votes                % Votes 
         R esolution               Votes        Cast      Votes        Cast     Votes 
                               ------------  --------  -----------  --------  --------- 
 1. R e-appoint KPMG 
  as Auditor                    112,017,563   100.00        0         0.00      4,000 
                               ------------  --------  -----------  --------  --------- 
 2. Re-elect Caroline 
  Foulger                       111,311,013    99.37     710,550      0.63        0 
                               ------------  --------  -----------  --------  --------- 
 3. Re-elect Richard 
  Lightowler                    111,326,287    99.38     695,276      0.62        0 
                               ------------  --------  -----------  --------  --------- 
 4. Re-elect Fiona Beck         112,017,563   100.00      4,000       0.00        0 
                               ------------  --------  -----------  --------  --------- 
 5. Re-elect Peter Dubens       85,643,824     76.45    26,377,739    23.55       0 
                               ------------  --------  -----------  --------  --------- 
 6. Re-elect Stewart 
  Porter                        85,643,824     76.45    26,377,739    23.55       0 
                               ------------  --------  -----------  --------  --------- 
 7. Directors can fill 
  any vacancy                   112,017,563   100.00      4,000       0.00        0 
                               ------------  --------  -----------  --------  --------- 
 8. Authority to issue 
  shares without pre-emption 
  rights up to 5% of 
  issued Share Capital*         110,592,658    98.72    1,428,905     1.28        0 
                               ------------  --------  -----------  --------  --------- 
 

*Special Resolution

The Board notes that although resolutions 5 and 6 were each passed with a substantial majority, there were a material number of votes cast against. While the composition of our Board complies with the independence requirements of the AIC Code, we understand that some shareholders have a policy of voting against the re-election of any directors who are not independent or who they do not believe to be independent.

The Board will engage with the shareholders who opposed the resolutions to address their concerns.

- ends -

For further information please contact:

Oakley Capital Limited

+44 20 7766 6900

Steven Tredget

Greenbrook Communications Limited

+44 20 7952 2000

Rob White / Michael Russell

Liberum Capital Limited (Financial Adviser & Broker)

+44 20 3100 2000

Chris Clarke / Darren Vickers / Owen Matthews

Notes:

LEI Number: 213800KW6MZUK12CQ815

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

OCI is a Specialist Fund Segment ("SFS") traded investment vehicle that aims to provide shareholders with consistent long-term capital growth in excess of the FTSE All-Share Index by providing liquid access to private equity returns through investment in the Oakley Funds.

A video introduction to OCI is available at https://oakleycapitalinvestments.com/videos/

The contents of the OCI website are not incorporated into, and do not form part of, this announcement.

The Oakley Funds

Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II, Oakley Capital Private Equity III, Oakley Capital IV, Oakley Capital V and Oakley Capital Origin Fund are unlisted lower-mid to mid-market private equity funds that aim to provide 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.

Oakley Capital, the Investment Adviser

Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability to source attractive growth assets at attractive prices. To do this it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.

Important information

Specialist Fund Segment securities are not admitted to the Official List of the Financial Conduct Authority. Therefore, the Company has not been required to satisfy the eligibility criteria for admission to listing on the Official List and is not required to comply with the Financial Conduct Authority's Listing Rules.

The Specialist Fund Segment is intended for institutional, professional, professionally advised and knowledgeable investors who understand, or who have been advised of, the potential risk from investing in companies admitted to the Specialist Fund Segment.

This announcement may include "forward-looking statements". These forward-looking statements are statements regarding the Company's objectives, intentions, beliefs or current expectations with respect to, amongst other things, the Company's financial position, business strategy, results of operations, liquidity, prospects and growth. Forward-looking statements are subject to risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Accordingly the Company's actual future financial results, operational performance and achievements may differ materially from those expressed in, or implied by, the statements. Given these uncertainties, prospective investors are cautioned not to place any undue reliance on such forward-looking statements, which speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the Company's expectations with regard to them or any change in events, conditions or circumstances on which any such statements are based unless required to do so by the Financial Services and Markets Act 2000, the Listing Rules or Prospectus Regulation Rules of the Financial Conduct Authority or other applicable laws, regulations or rules.

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END

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September 30, 2022 10:00 ET (14:00 GMT)

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