Oakley Capital Investments (OCI) Trading Update summary

Financial highlights

• Net asset value (NAV) per share at 693p, with total NAV of £1,222 million as of 30 September 2024

• Total NAV return per share decreased by 2% in the quarter, unchanged excluding FX impact

• £28 million invested in new opportunities during the period

• Cash and undrawn debt facilities totaled £165 million at period end

• Credit facility increased by £50 million post period-end

Portfolio and investment activity

• Portfolio companies maintained robust performance despite a low-growth macro environment

• Investments included vitroconnect, Touring Capital, PROfounders, and Steer Automotive Group bolt-ons

• Announced investment in Assured Data Protection, expected to complete by year-end (£26 million anticipated)

• Announced sale of Ocean Technology Group and strategic merger of WindStar with Merz Lifecare

• Proceeds from recent transactions, including idealista sale, expected to total £135 million

Liquidity and commitments

• Cash of £108 million and £57 million undrawn credit as of 30 September 2024

• Post-period, revolving credit facility increased to £225 million

• Outstanding Oakley Fund commitments at £777 million, to be deployed over five years

• Board continues to monitor liquidity and remains committed to share buybacks when appropriate