Tender Offer Update - Final Price

RNS Number : 2781W

Gulf Investment Fund PLC

14 April 2023

 

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION

14 April 2023

Gulf Investment Fund plc (Ticker: GIF)

Tender Offer Update

Further to the announcement on 11 April 2023, the Board of Gulf Investment Fund plc confirms that the Tender Pool Determination Date has been set at 11 April 2023. As at that date the Final Tender Offer Asset Value was $492,144.60, giving a Tender Price of $1.9555.

The 251,672 Tendered Shares will be cancelled.

It is expected that the proceeds payable to shareholders who tendered shares will be made on or around 21 April 2023.

For the purposes of this announcement, unless otherwise defined, capitalised words and phrases shall have the meaning given to them in the Circular.

Legal Entity Identifier: 2138009DIENFWKC3PW84

For further information:

Anderson Whamond  [phone]

Gulf Investment Fund plc

Suzanne Jones   [phone]

Apex Corporate Services (IOM) Limited

Alex Collins/Atholl Tweedie  [phone]

Panmure Gordon

William Clutterbuck  [phone]

H Advisors Maitland

 

END

 

 

TENSFESULEDSEEL