Oakley Capital Investments Limited (OCI), a closed-ended investment fund listed on the London Stock Exchange's main market, has announced the purchase of 150,000 ordinary shares at 526 pence per share for cancellation, in line with its stated capital allocation policy. The transaction was executed on 10 November 2026 and disclosed via an RNS announcement dated 11 November 2026. Following the cancellation, the total number of ordinary shares in issue stands at 162,360,215, with none held in treasury. The buyback reduces the share count and updates the voting rights denominator that shareholders must use when calculating disclosure obligations under FCA rules.

Key Points

  • Oakley Capital Investments Limited (OCI) — closed-ended investment fund, LSE main market Official List
  • OCI purchased 150,000 ordinary shares of £0.01 each at 526 pence per share for cancellation on 10 November 2026
  • Ordinary shares in issue following the transaction: 162,360,215; total voting rights: 162,360,215; none held in treasury
  • Investors should watch for further buyback tranches consistent with OCI's ongoing capital allocation policy

OCI Cancels 150,000 Ordinary Shares at 526p Under Capital Allocation Policy

The announcement states that OCI purchased 150,000 ordinary shares of £0.01 nominal value each at a price of 526 pence per share on 10 November 2026, with all shares acquired earmarked for cancellation rather than treasury. The company confirmed the transaction is consistent with its stated capital allocation policy, signalling a systematic rather than opportunistic approach to returning value. By cancelling the shares outright, OCI reduces its total share count, which can be meaningful for a closed-ended vehicle where net asset value per share dynamics are closely watched by investors seeking private equity exposure through a listed structure.

Post-Transaction Share Count and FCA Voting Rights Denominator for OCI Shareholders

Following the cancellation, OCI's total ordinary shares in issue stands at 162,360,215, with the company confirming that none of these shares are held in treasury. The announcement notes that the figure of 162,360,215 represents the total number of voting rights in the company and should be used by shareholders as the denominator when calculating whether they are required to notify interests or changes in interests under the FCA's Disclosure and Transparency Rules. Shareholders and institutional holders are therefore advised to update their calculations accordingly to ensure compliance with their reporting obligations.

OCI's Private Equity Fund Structure and Oakley Capital's Investment Strategy

OCI is a closed-ended investment fund that aims to deliver long-term capital growth in excess of the FTSE All-Share Index by providing shareholders with liquid access to private equity returns through the Oakley Funds. These include Oakley Capital Private Equity III through VI, Oakley Capital Origin and Origin II — unlisted lower-mid to mid-market buyout funds — alongside venture capital vehicles Oakley PROfounders Fund III and Oakley Touring Venture Fund. The investment adviser, Oakley Capital Limited, was founded in 2002 and focuses on buyout opportunities in sectors with growth, consolidation, and operational improvement potential, supported by an entrepreneur deal-generating network.

Regulatory Status and Key Risk Considerations for OCI Investors

OCI is admitted to the Official List of the Financial Conduct Authority and is required to comply with the FCA's Listing Rules, covering related-party transactions, financial reporting, and continuing obligations. As a closed-ended fund investing in unlisted private equity vehicles, a company-specific risk is the inherent illiquidity of underlying fund assets, meaning that portfolio valuations may not fully reflect realisable values in adverse market conditions. The announcement contains forward-looking statement caveats, reminding investors that actual financial results and operational performance may differ materially from any implied expectations, and the company expressly disclaims any obligation to update such statements beyond regulatory requirements.