Aberdeen UK Tkr

Result of Second General Meeting

RNS Number : 8358B
Aberdeen UK Tracker Trust plc
06 April 2017
 

Aberdeen UK Tracker Trust plc (the "Company") - in members' voluntary liquidation

LEI - 549300DUM2B8HU1CEH71

 

6 April 2017

Result of the Second General Meeting

The Company announces that at the Second General Meeting of the Company held today, 6 April 2017, the special resolution before the meeting was approved by Shareholders.

Accordingly, the Company has been placed in members' voluntary liquidation and Derek Neil Hyslop and Patrick Joseph Brazzill, both of Ernst & Young UK LLP, have been appointed joint liquidators to the Company and have been authorised to apply for the cancellation of the listing of the Company's Shares on the Official List. Any enquiries relating to the shareholder distributions in the liquidation should be directed to Computershare Investor Services PLC on 0370 873 5878 or, if outside the UK, on +44 (0)370 873 5878.

The Company's Shares with "A" rights and "B" rights were suspended at 7.30 a.m. on 5 April 2017.

A copy of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm

Entitlements under the Scheme

In accordance with the Scheme, for every Share held in the Company, Shareholders will receive 3.032937926 New Ordinary Shares in Aberdeen Diversified Income and Growth Trust plc ("ADIGT") or 350.8950 pence in cash, or such combination for which Shareholders have elected or are deemed to have elected. Fractional entitlements to New Ordinary Shares pursuant to the Scheme will not be issued and entitlements will be rounded down to the nearest whole number. The number of New Ordinary Shares to be issued under the Scheme is determined by reference to the Company FAV per Share of 373.9846 pence and the ADIGT FAV per Share of 123.3077 pence.

Under the terms of the Proposals, the respective formula asset values of the Company and ADIGT were calculated for the purposes of the Scheme at close of business on 4 April 2017.

ADIGT Shares issued in uncertificated form are expected to be credited to the CREST accounts of Shareholders entitled thereto on 10 April 2017.  Certificates in respect of ADIGT Shares are expected to be dispatched in the week commencing 18 April 2017.

CREST accounts of Shareholders who elected for cash and who hold their Shares in CREST are expected to be credited and cheques in respect of Shareholders who elected for cash and who do not hold their Shares in CREST are expected to be dispatched in each case in the week commencing 18 April 2017.

The cancellation of listing of the Reclassified Shares on the Official List will take place at 8.00 a.m. on 18 April 2017 (or as soon as practicable thereafter).

Capitalised terms used in this announcement have the same meaning as in the Circular to Shareholders dated 6 March 2017.

 

 

Enquiries:

 

Ernst & Young UK LLP

Craig Robertson

 

Tel. 0131 777 2242

 

 

Aberdeen Fund Managers Limited

William Hemmings

Gary Jones

 

Tel. 020 7463 6000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ROMZMGGDFVRGNZM