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.

 

END

 

 

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