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DW Catalyst Fund Ltd (DWCG)

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Tuesday 13 March, 2018

DW Catalyst Fund Ltd

Distribution to Shareholders

DW CATALYST FUND LIMITED (IN VOLUNTARY LIQUIDATION) (THE “COMPANY”)

Distribution to shareholders

At an extraordinary general meeting of the Company held on 2 August 2017, the shareholders of the Company at that date (the “Continuing Shareholders”) passed resolutions to wind-up the Company (the “Liquidation Resolutions”) and appointed Linda Johnson and Ashley Paxton of KPMG Channel Islands Limited as joint liquidators (the “Liquidators”).

Following the passing of the Liquidation Resolutions, and the passing of the Discount Trigger Resolution by the shareholders of the Company on 9 March 2017 (which obliged the Company to redeem all shareholders of the Company that voted in favour of the Discount Trigger Resolution (the “Redeeming Shareholders”)), the Liquidators announce their intention to make a second interim liquidation payment to Continuing Shareholders and a third interim liquidation payment to Redeeming Shareholders (the “Payments”) of:

GBP £12.76095 per redeemable ordinary share of no par value in the Company (the “Rate”)

The Payments have been calculated by reference to the proceeds received by the Company from the third quarterly redemption of the Company’s holding in DW Catalyst Offshore Fund, Ltd which has been apportioned accordingly between the relevant number of Continuing Shareholders and Redeeming Shareholders, in accordance with the timetables referenced in the Company’s circulars to shareholders dated 17 February 2017 and 12 July 2017, respectively.

As the Payments are being made in four quarterly tranches the amount that will be paid to both Continuing Shareholders and Redeeming Shareholders will be equal to 25% of the Rate stated above.

The Payments will be paid by CREST on 15 March 2018 and 16 March 2018 for Redeeming Shareholders and Continuing Shareholders, respectively.

Enquiries:

The Liquidators
Linda Johnson and Ashley Paxton
Glategny Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 1WR
Tel:  01481 721 000
[email protected]


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