Tender Offer update

RNS Number : 4881W

FRM Credit Alpha Limited

29 July 2009

 



29 July 2009

FRM Credit Alpha Limited (the 'Company')

Tender offer - Update

Further to the Company's recent announcement of its 30 June 2009 NAV of 90.8 pence per share, the Company is able to confirm that the Tender Price, namely the 30 June 2009 NAV less the costs of the Tender Offer, in relation to the Tender Offer approved by shareholders on 3 June 2009 will be 90.6 pence per validly tendered share.

It is expected that the Tender Offer will be conducted on Friday 12 August 2009 and that CREST accounts will be credited on the same day.

Following the completion of the Tender Offer the Company will have 66,133,577 shares in issue.

Enquiries

Mark Shaw 

Financial Risk Management Limited

020 7968 6141

Jane Lewis

Winterflood Investment Trusts

020 3100 0295  

 

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