Oakley Capital Investments Limited has announced the settlement of a loan and the transfer of shares in Time Out Group PLC. Oakley Capital Private Equity L.P., which is advised by Oakley Capital, has reached the end of its term and is being liquidated. The remaining investments of Fund I consisted solely of shares in Time Out, which were transferred to all Fund I investors. As part of the transaction, Fund I settled its outstanding loan with Oakley Capital Investments Limited by transferring shares in Time Out. This has resulted in an increase in OCI's direct equity ownership in Time Out from 19.97% to 38.06%. The beneficial ownership of the members of the Oakley concert party in Time Out has reduced from 45.3% to 41.9%. The transaction is considered a related party transaction and has been reviewed by Liberum Capital Limited. Time Out's prospects remain attractive, with management expressing confidence in future growth and performance. Oakley Capital Investments Limited is a Specialist Fund Segment traded investment vehicle that aims to provide shareholders with consistent long-term capital growth through investment in the Oakley Funds.