Issue of Subscription Shares
17 Octubre 2008 - 1:01AM
UK Regulatory
Issue of Subscription Shares
Advance Developing Markets Trust plc
Filing of Prospectus and Issue of Subscription Shares
17 October 2008
The Board of Advance Developing Markets Trust plc (the "Company")
announces that the prospectus relating to the issue of 13,020,168
Subscription Shares was filed with the UK Listing Authority
yesterday, 16 October. A copy of the prospectus will shortly be
available on the website of Progressive Asset Management Limited:
http://www.pro-asset.com
Copies of the prospectus will also be available for inspection at the
UK Listing Authority's Document Viewing Facility which is situated
at:
Document Viewing Facility
25 The North Colonnade
Canary Wharf
London
E14 5HS
It is expected that the Subscription Shares will be issued, by way of
a bonus issue on the basis of one Subscription Share for every 5
Ordinary Shares held, to Shareholders on the register at the close of
business on 21 October 2008. Admission of the Subscription Shares to
the Official List of the UK Listing Authority is expected to take
place on 22 October 2008, with dealings on the London Stock
Exchange's market for listed securities also expected to commence on
that date.
Expected timetable (BST) 2008
+-------------------------------------------------------------------+
| Record Date for Bonus Issue | 5.30 p.m. on 21 |
| | October |
|------------------------------------------------+------------------|
| Admission and commencement of dealings in | 8.00 a.m. on 22 |
| Subscription Shares. Crediting CREST accounts | October |
| with Subscription Shares | |
|------------------------------------------------+------------------|
| Dealings in the Ordinary Shares commence ex | 8.00 a.m. on 22 |
| Bonus Issue entitlement | October |
|------------------------------------------------+------------------|
| Despatch of share certificates for | no later than 30 |
| Subscription Shares | October |
+-------------------------------------------------------------------+
A further announcement of the net asset value per Ordinary Share at
the close of business on 21 October 2008 and specifying the
Subscription Price is expected to be made on 22 October 2008.
Words and expressions defined in the Company's circular to
shareholders dated 15 July 2008 shall bear the same meaning in this
announcement.
END
Enquiries:
Peter O'Connor
Chairman
020 7489 5353
Nigel Wilson/Slim Feriani
Progressive Developing Markets Limited
020 7566 5520
Jonathan Hinton/James Lewis
Deloitte & Touche LLP
020 7936 3000
---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
Adv.Dev.Mkts (LSE:ADD)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Adv.Dev.Mkts (LSE:ADD)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Adv.Dev.Mkts (London Stock Exchange): 0 recent articles
Más de Advance Developing Artículos de Noticias