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PSource Struct Debt (PSD)

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Friday 30 March, 2012

PSource Struct Debt

Intention to propose managed winding down

RNS Number : 5066A
PSource Structured Debt Limited
30 March 2012


PSource Structured Debt Limited

Intention to propose managed winding down


In September 2011, the Board of PSource Structured Debt committed to put wind up or reconstruction proposals to shareholders by the end of March 2012.


Following consultation with the major shareholders, the Board announces its intention to propose a managed winding down and consequent changes of investment objective and policy, and amendments to the investment management and management agreements


These proposals are in process of regulatory approval and are intended to be announced on or prior to Thursday 5 April and an EGM convened on or prior to 30 April.



Soondra Appavoo

PSource Capital Limited

020 7925 3156

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

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