Oakley Capital Investments : Appointment of Non-Executive Director

16 December 2019

Oakley Capital Investments Limited

Appointment of Non-Executive Director

Oakley Capital Investments Limited¹ (the 'Company'), is pleased to announce the appointment of a new independent Non-Executive Director to its Board, Mr Richard Lightowler, with immediate effect. In accordance with the Company's Bye-laws, the term of Richard's appointment will expire at the next Annual General Meeting where Richard will be eligible to offer himself for re-election by the Company's shareholders. Richard is a Bermudian resident, is a Chartered Accountant of England & Wales and brings with him a wealth of experience in financial services, as well as expertise in best practice corporate governance and significant transactional experience.

Richard has 25 years' experience in public accounting and recently retired as Partner of KPMG in Bermuda, after almost 19 years in the role. He was head of the KPMG Insurance Group in Bermuda for almost 14 years, and was a member of the firm's Global Insurance Leadership Team and Global Lead Partner for large international insurance groups listed on the New York and London Stock Exchanges. Richard has significant regulatory experience and led KPMG's relationship with the Bermuda Monetary Authority ('BMA'). He has a continuing role advising the BMA on regulatory matters. Richard also sits on the board of premium listed investment trust, Hansa Investment Company Limited.

In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, which the Company voluntarily complies with, it is confirmed that there are no additional details to be disclosed in relation to Mr Lightowler.

Commenting on the appointment Caroline Foulger, Chair of Oakley Capital Investments Limited, said:

'We are very pleased to welcome Richard to the OCI Board. Richard's appointment as an independent director marks the third change we have made to the board's composition in the last 15 months. In strengthening the Board by adding independent members, with diverse perspectives and deep expertise, we believe the Board is well positioned to support OCI as it continues to grow and develop.'

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For further information please contact:

Oakley Capital Investments Limited

[phone]

Steven Tredget, Investor Relations

Greenbrook Communications Ltd

[phone]

Alex Jones / Matthew Goodman / Gina Bell

Liberum Capital Limited (Financial Adviser & Broker)

[phone]

Gillian Martin / Owen Matthews

Notes:

LEI Number: 213800KW6MZUK12CQ815

¹ About Oakley Capital Investments Limited ('OCI')

OCI is a Specialist Fund Segment ('SFS') traded investment vehicle, which provides access to the Oakley Funds. It is a liquid vehicle that aims to provide capital growth and dividends to investors.

² The Oakley Funds

Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II, Oakley Capital III and Oakley Capital IV, are unlisted focused mid-market private equity funds with the aim of providing investors with significant long-term capital appreciation. The investment strategy of the funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement.

The Investment Adviser

Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability to source attractive growth assets at attractive prices. To do this it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.

Important information

SFS securities are not admitted to the Official List of the Financial Conduct Authority. Therefore the Company has not been required to satisfy the eligibility criteria for admission to listing on the Official List and is not required to comply with the Financial Conduct Authority's Listing Rules. The London Stock Exchange has not examined or approved the contents of the Prospectus.

The SFS is intended for institutional, professional, professionally advised and knowledgeable investors who understand, or who have been advised of, the potential risk from investing in companies admitted to the SFS.