Conversion Price

RNS Number : 8808X
Artemis Alpha Trust PLC
14 December 2010
 



ARTEMIS ALPHA TRUST PLC

14 DECEMBER 2010

ANNOUNCEMENT OF CONVERSION PRICE

The Company announces that the Conversion Price payable on the exercise of the subscription rights conferred by the Subscription Shares issued pursuant to the Proposals is 345p, being 110 per cent. of the Enlarged Company's net asset value per share as at the close of business on 10 December 2010, rounded up to the nearest whole penny. 

Further information on the Subscription Shares is set out in the prospectus relating to the Company dated 11 November 2010.

Enquiries

Simon Miller

Artemis Alpha Trust PLC

07768 794 182

Gordon Neilly/
Rishi Zaveri

Canaccord Genuity Limited

020 7050 6778/
020 7050 6780

Mark Tyndall

Artemis Investment Management LLP

0131 225 7300

Notes

Terms defined in the prospectus relating to Artemis Alpha Trust plc dated 11 November 2010 have the same respective meanings in this announcement unless the context requires otherwise.

Canaccord Genuity Limited, which is authorised and regulated in the United Kingdom by the FSA, is acting for the Company and for no-one else in connection with the Proposals, and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Canaccord Genuity Limited or for providing advice to any other person in relation to the Proposals or any other matter referred to in this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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