Tender Offer Update

RNS Number : 7564J

Gulf Investment Fund PLC

29 April 2022

 

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

29 April 2022

Gulf Investment Fund plc (Ticker: GIF)

Tender Offer Update

Further to the announcement on 17 March 2022, the Board of Gulf Investment Fund plc confirms that all assets in the Tender Pool have been sold. As at 27 April 2022, which is the Tender Pool Determination Date, the Final Tender Offer Asset Value was $11,284,711, giving a Tender Price of $2.1639.

The 5,214,956 Tendered Shares will be cancelled.

It is expected that the proceeds payable to shareholders who tendered shares will be made on or around 11 May 2022.

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

Ian Dungate/Suzanne Jones   [phone]

Apex Corporate Services (IOM) Limited

Sapna Shah/Alex Collins/Atholl Tweedie                                                                               [phone]

Panmure Gordon

William Clutterbuck      [phone]

Maitland/AMO

 

END

 

 

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