Oakley Capital Investments (OCI) Q2 2026 TU earnings summary

Executive summary

• Achieved a 10-year share price total return of +344%, outperforming major indices.

• Focuses on investing in unquoted, profitable pan-European businesses in Technology, Education, Consumer, and Business Services.

• Portfolio companies demonstrated resilience and solid trading despite macroeconomic and geopolitical uncertainty.

Financial highlights

• Net Asset Value (NAV) per share at 782 pence; total NAV of £1,289 million as of 30 June 2026.

• Total NAV return per share of 6.0% (+44 pence) for the six months ended 30 June 2026; 6.5% (+48 pence) excluding FX impact.

• Total shareholder return of -16% since 31 December 2025, compared to -18% sector average, mainly due to Q1 market weakness.

• Investments of £43 million and proceeds of £10 million from exits and refinancings during the period.

• Period-end liquidity of £155 million, including £81 million cash and £74 million undrawn credit facilities.

Outlook and guidance

• c. £640 million of outstanding commitments expected to be called for investment over the next five years.

• The company expects to report unaudited interim results for the six months to 30 June 2026 on 10 September 2026.