Oakley Capital Investments Announcements

Purchase of Shares

13 October 2008 07:00:10



RNS Number : 6654F Oakley Capital Investments Limited 13 October 2008  
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13 October 2008
 
Oakley Capital Investments Limited

Purchase of Shares
 
Oakley Capital Investments Limited ('the Company' or 'OCIL') announces that on 10 October 2008 the Company purchased 150,000 ordinary shares of 1p each in OCIL at 60p 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 number of ordinary shares in issue less purchased shares held in treasury is 92,575,000 and therefore the total number of voting rights in the Company is 92,575,000.

The Company currently holds a total of 7,425,000 ordinary shares in OCIL in treasury.
 
-ends-

For further information please contact:
Oakley Capital Investments Limited
Peter Dubens (Director)
+44 20 7766 6900
 
 
 
Financial Dynamics
Juliet Clarke / Edward Bridges / Erwan Gouraud
+44 20 7831 3113
 
 
Liberum Capital Limited (Financial Adviser & Broker)
Steven Tredget / Steve Pearce
+44 20 3100 2000
 
 
Grant Thornton Capital Markets (Nominated Adviser)
Philip Secrett / Fraser Campbell
+44 20 7383 5100
This information is provided by RNSThe company news service from the London Stock Exchange  END  POSGUGBCUUPRUAW

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Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.