8th Jul 2025 16:30
8 July 2025
Sequoia Economic Infrastructure Income Fund Limited
(the "Company")
Investment Adviser Share Sale
The Company announces that, in accordance with the terms of the Investment Advisory Agreement between the Company and Sequoia Investment Management Company Limited ("SIMCo"), (the "Investment Adviser"), has sold 3,200,000 ordinary shares in the capital of the Company ("Ordinary Shares").
The Investment Adviser will continue to reinvest one tenth of its advisory fees in subscribing for Ordinary Shares, which will be subject to a three-year rolling lock-up.
Following the sale, the Investment Adviser has an interest in 4,062,512 Ordinary Shares, representing approximately 0.26% of the Company's issued Ordinary Shares, excluding those shares held by individuals at the Investment Adviser.
PDMR Dealing Notification
Director/PDMR | Previous Ordinary Shares held | Ordinary Shares Disposal
| Price per Ordinary Share (GBp) | Total Holding following the disposal | % of the Company's issued share capital held |
SIMCo | 7,262,512 | 3,200,000 | 80.03 | 4,062,512
| 0.26%
|
The relevant notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| SIMCo | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sequoia Economic Infrastructure Income Fund Limited | ||||
b)
| LEI
| 2138006OW12FQHJ6PX91 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of no-par value
GG00BV54HY67 | ||||
b)
| Nature of the transaction
| Sale of shares by Sequoia Investment Management Company Limited | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price
|
3,200,000 £2,561,257.60 | ||||
e)
| Dates of the transactions
| 04 July 2025 and 07 July 2025 | ||||
f)
| Place of the transactions
| LONDON STOCK EXCHANGE, (XLON) | ||||
For further information, please contact:
Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Anurag Gupta
| +44 (0) 20 7079 0480
|
Jefferies International Limited (Joint Corporate Broker & Financial Adviser) Gaudi Le Roux Stuart Klein
| +44 (0) 20 7029 8000 |
J.P. Morgan Cazenove (Joint Corporate Broker & Financial Adviser) William Simmonds Jeremie Birnbaum
| +44 (0) 20 7742 4000 |
Teneo (Financial PR) Elizabeth Snow Faye Calow
| +44 (0) 20 7353 4200 |
Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary) Aoife Bennett James Taylor
| +44 (0) 20 7592 0419
|
About Sequoia Economic Infrastructure Income Fund Limited
The Company is a Guernsey registered closed-ended investment company that seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.
LEI: 2138006OW12FQHJ6PX91
Related Shares:
Sequoia Economic Infrastructure Fund