Sequoia Economic Infrastructure Income Fund Limited (SEQI), the Guernsey-registered closed-ended investment company focused on economic infrastructure debt, has announced the purchase of 400,000 of its own ordinary shares on 3 November 2026. The shares were acquired at prices ranging from 79.00p to 79.10p, with an average price of 79.04p per share. The company intends to hold the repurchased shares in Treasury, bringing its total Treasury holding to 149,759,932 shares. Following the transaction, the total number of shares in issue, excluding Treasury shares, stands at 1,464,432,623.

Key Points

  • Sequoia Economic Infrastructure Income Fund Limited (SEQI)
  • The company purchased 400,000 ordinary shares on 3 November 2026 for Treasury at an average price of 79.04 pence per share
  • Total Treasury holding now stands at 149,759,932 shares; shares in issue (excluding Treasury) total 1,464,432,623
  • Investors should watch whether further buyback activity signals continued capital management efforts by the board

SEQI Purchases 400,000 Shares at 79.04p Average on 3 November 2026

Sequoia Economic Infrastructure Income Fund Limited confirmed on 4 November 2026 that it purchased 400,000 ordinary shares of no-par value on 3 November 2026. The highest price paid per share was 79.10 pence and the lowest was 79.00 pence, resulting in an average price of 79.04 pence. The narrow price range across the transaction indicates the repurchase was conducted within a tightly defined trading band, as is typical for managed buyback programmes executed on behalf of closed-ended investment companies listed in the UK market.

Treasury Share Position Rises to 149,759,932 Shares Following Settlement

Including shares purchased but not yet settled, SEQI now holds 149,759,932 shares in Treasury following this transaction. Treasury shares are repurchased shares held by the company itself and carry no voting rights, effectively reducing the total voting share count in circulation. The company's disclosure confirms that the 1,464,432,623 shares in issue, excluding Treasury holdings, represents the total number of voting rights and should be used by shareholders as the denominator when calculating notifiable interests under the FCA's Disclosure Guidance and Transparency Rules.

SEQI's Infrastructure Debt Focus and Guernsey Structure Underpin Buyback Context

SEQI is a Guernsey-registered closed-ended investment company managed by Sequoia Investment Management Company Limited. The fund seeks to deliver regular, sustained, long-term distributions and capital appreciation through a diversified portfolio of senior and subordinated economic infrastructure debt investments. Buybacks in closed-ended funds are often deployed as a tool to manage discounts to net asset value, though the company did not disclose the specific rationale for this particular transaction in the announcement. Jefferies International Limited and J.P. Morgan Cazenove serve as joint corporate brokers and financial advisers to the company.

Shareholder Notification Obligations Triggered by Updated Voting Rights Figure

Following the buyback, SEQI has updated its total voting rights figure to 1,464,432,623, as required under FCA transparency rules. Shareholders are reminded that this denominator figure must be used when assessing whether a change in their holding triggers a disclosure obligation under the Disclosure Guidance and Transparency Rules. Investors monitoring position sizes relative to notification thresholds should take note of the revised figure. The company's LEI is 2138006OW12FQHJ6PX91, and the company secretary function is provided by Apex Fund and Corporate Services (Guernsey) Limited.