14 July 2022
Sequoia Economic Infrastructure Income Fund Limited
(the "Company")
DIRECTOR / PDMR DEALING
The Company announces the following acquisitions of ordinary shares of no par value in the capital of the Company ("Ordinary Shares") by persons discharging managerial responsibility (including persons closely associated) and by senior executives of the Investment Adviser, as set out below:
| Director/PDMR | Previous Ordinary Shares held | Ordinary Shares Acquired
| Price per Ordinary Share (GBp) | Total Holding following Purchase | % of the Company's voting rights in issue |
| Robert Jennings | 242,666 | 55,000 2,334 | 86.24 84.63 | 300,000 | 0.0169% |
| Sarika Patel | 5,000 | 11,000 | 84.76 | 16,000 | 0.0009% |
| James Stewart | 10,000 | 10,063 | 84.40 | 20,063 | 0.0011% |
| Dolf Kohnhorst* | 300,000 | 100,000 | 85.00 | 400,000 | 0.2263% |
*Senior executive of the Investment Adviser and therefore not included in the below PDMR dealing information.
The relevant notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them set out below are provided in accordance with the requirements of the Market Abuse Regulation.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Robert Jennings | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Chairman | ||||
| 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
| Purchase | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price
|
57,334 £49,407.25 | ||||
| e)
| Date of the transaction
| 14 July 2022 | ||||
| f)
| Place of the transaction
| LONDON STOCK EXCHANGE, (XLON) | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Sarika Patel | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Director | ||||
| 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
| Purchase | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price
|
11,000 £9,323.60 | ||||
| e)
| Date of the transaction
| 14 July 2022 | ||||
| f)
| Place of the transaction
| LONDON STOCK EXCHANGE, (XLON) | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| James Stewart | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Director | ||||
| 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
| Purchase | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price
|
10,063 £8,493.17 | ||||
| e)
| Date of the transaction
| 14 July 2022 | ||||
| f)
| Place of the transaction
| LONDON STOCK EXCHANGE, (XLON) | ||||
For further information please contact:
| Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor Anurag Gupta
| +44 (0) 20 7079 0480
|
| Jefferies International Limited (Corporate Broker & Financial Adviser) Neil Winward Gaudi Le Roux
| +44 (0) 20 7029 8000 |
| Tulchan Communications (Financial PR) Martin Pengelley Elizabeth Snow
| +44 (0) 20 7353 4200 |
| Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Katrina Rowe
| +44 (0) 1481 755530
|
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
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