Oakley Capital Investments (OCI) Q1 2026 TU earnings summary

Executive summary

• NAV per share reached 758p, with total NAV of £1,259 million for the quarter ended 31 March 2026.

• 10-year share price total return of +300%, outperforming major indices.

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

Financial highlights

• Total NAV return per share was 2.7% (+20p) for the quarter, or 2.4% (+17p) excluding FX impact.

• Total shareholder return was -18% amid a broader market sell-off.

• Investments of £28 million and proceeds of £2 million from exits/refinancings.

• Period-end cash and undrawn credit facilities totaled £180 million.

Outlook and guidance

• Outstanding commitments of approximately £672 million expected to be called over the next five years.

• Management remains confident in portfolio resilience and ability to pass on price increases.

• H1 2026 trading update expected on 30 July 2026.