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Close Eur Accelerate (CEAF)

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Friday 22 July, 2011

Close Eur Accelerate

Maturity and redemption

RNS Number : 9377K
Close European Accelerated Fund Ltd
22 July 2011
 



FOR IMMEDIATE RELEASE

 

CLOSE EUROPEAN ACCELERATED FUND LIMITED (the "Company") 

 

MATURITY AND REDEMPTION

 

 

On 14 July 2011 the Company convened a separate class meeting of the holders of Participating Shares in the Company and an Extraordinary General Meeting of the Company's Shareholders to consider recommended proposals for the orderly realisation of the Company's portfolio and payment of redemption entitlements to participating shareholders.  As announced by the Company on 14 July 2011, all resolutions proposed at the above mentioned meetings were duly passed. A copy of these resolutions has been submitted to the National Storage Mechanism and are available for viewing online at the following web-address: http://www.hemscott.com/nsm.do

 

The listing on the Official List and admission to trading on the London Stock Exchange plc's main market for listed securities of the Shares is expected to be suspended on Wednesday 27 July 2011, with the last day of trading being on Tuesday 26 July 2011.  Redemption proceeds are expected to be paid to shareholders shortly thereafter, following which the Shares will be removed from the Official List.  The expected date of cancellation of the listing on the Official List and admission to trading on the London Stock Exchange plc's main market for listed securities of the Shares is 29 August 2011.

 

Redemption proceeds will be paid to all shareholders by cheque made payable to the relevant holder or in the case of joint holders to such relevant joint holders and sent at the risk of the holder(s) to the address of the holder or first named joint holder as such appears in the Company's Register of Members.  If an alternative method of payment (at the expense of the holder(s)) is desired, written notice being received by the Company's Registrar and Paying Agent shortly thereafter) of such alternative method from the registered holder(s) must be received by the Company's Registrar and Paying Agent, Anson Registrars Limited, no later than noon on Friday 29 July 2011.   Anson Registrars Limited's correspondence address is P.O. Box 426, Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 3WX.

 

For further information contact:

Anson Fund Managers Limited

Secretary

Tel: 01481 722260

 

Anson Registrars Limited

Registrar and Paying Agent      

Tel: 01481 711301

 

22 July 2011

END OF ANNOUNCEMENT

 

E&OE - In transmission


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