Doc re. Tender Offer Circular

RNS Number : 2277C

Pacific Horizon Investment Tst PLC

13 March 2014

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.

13 March 2014

PACIFIC HORIZON INVESTMENT TRUST PLC     

Tender offer circular

Further to the announcement by the Company on 7 February 2014, a circular explaining the terms and conditions of the tender offer for up to five per cent. of the Company's shares and the procedure for tendering shares (the "Circular") has today been sent to shareholders. 

A copy of the Circular will shortly be available from the Company's website www.pacifichorizon.co.uk or from the National Storage Mechanism http://www.morningstar.co.uk/uk/NSM.

Expected Timetable	2014
Record Date for Tender Offer	12 February
Posting of Circular and Tender Forms	13 March
Latest time and date for receipt of Baillie Gifford Savings Plan Tender Forms	5.00 p.m. on 7 April
Latest time and date for receipt of Tender Forms and TTE Instructions in CREST from Shareholders	5.00 p.m. on 10 April
Tender Price Calculation Date	close of business on 11 April
Results of Tender Offer and Tender Price announced	15 April
Settlement Date: payments through CREST made and CREST accounts settled	16 April
Balancing share certificates and cheques dispatched to certificated shareholders	on or around 23 April
Payments made to Baillie Gifford Savings Plan Participants	week commencing 5 May

All enquiries:

Baillie Gifford & Co, Company Secretaries,

Anzelm Cydzik    Tel: [phone]

J.P. Morgan Cazenove,

William Simmonds      Tel: [phone]

J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove ("J.P. Morgan Cazenove"), which is authorised and regulated by the Prudential Regulation Authority and by the Financial Conduct Authority in the United Kingdom, is acting exclusively for the Company and no-one else in connection with the tender offer and the contents of this announcement, and will not be responsible to anyone other than the Company for providing the protections afforded to clients of J.P. Morgan Cazenove nor for providing advice in connection with the tender offer and the contents of this announcement or any other matter referred to herein.

J.P. Morgan Cazenove  is not responsible for the contents of this announcement.

 

END

 

 

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