Blackstone Loan Financing Limited (the
"Company")
15 January 2025
Result of Extraordinary General
Meeting
Blackstone Loan Financing Limited
announces that at the Extraordinary General Meeting (the
"EGM") held earlier today,
the special resolution for the Summary Winding Up of the Company
was duly passed by shareholders.
The votes received on the resolution
proposed at the EGM will shortly be available for inspection on the
Company's website (http://blackstone.com/bglf).
The full text of the resolution can
be found in the circular and notice of meeting published on 4
December 2024 (the "Circular"), copies of which are
available for viewing on the Company's
website (http://blackstone.com/bglf)
and at the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Company to
cease being regulated by the JFSC under the Funds
Law
Following JFSC approval of the Company's
application to deregulate as part of the orderly conclusion of its
remaining affairs, the Company shall cease to be regulated by the
JFSC as a collective investment fund (and, specifically, a Jersey
Listed Fund) under the Funds Law with effect from the close of
business today.
Suspension
& cancellation of admission to listing and trading of the
Company's Shares
The admission of the Company's Shares to the
Official List and to trading on the Main Market, and therefore
dealings in the Company's Shares, were suspended with effect from
7.30 a.m. (London time) today, in anticipation of the
EGM.
Applications have been made to the Financial
Conduct Authority and the London Stock Exchange in relation to the
cancellation of the listing of the Company's Shares from the
Official List and for cancellation of the admission to trading of
the Company's Shares on the Main Market, both of which are expected
to take effect at 8.00 a.m. (London time) on 16 January 2025
("Cancellation").
Third
Redemption & ISIN
As the resolution for the Summary Winding Up of
the Company has been passed today, the Third Redemption announced
on 8 January 2025 will go ahead in accordance with the announced
timetable. The Company's Shares will be disabled in CREST from 5.00
p.m. today (the "Redemption
Date") and the existing ISIN number JE00BM8J7D47 (the
"Old ISIN") will
expire.
The new ISIN
number JE00BT25YW59 (the "New ISIN") in respect of the remaining
Shares, which have not been redeemed and will be in issue following
the Redemption Date, will be enabled and available for transactions
from and including 16 January 2025. These shares will not be listed
on any stock exchange or regulated market, and they will be
redeemed at the end of the liquidation process with any surplus
funds that remain.
Shareholder
Communications
Following the Cancellation, further updates and
announcements made by the Company will be made on the Company's
website at (https://www.blackstone.com/fund/bglfln-blackstone-loan-financing-limited/#news).
Company shareholders with questions about their
shareholding can contact the Company Secretary at:
blackstonecosec@bnpparibas.com or +44 (0) 1534 709189 /
709108.
Capitalised terms used but not defined in this
announcement will have the same meaning as set out in the
Circular
For further information, please
contact:
|
BGLF
Steven Wilderspin (Chair)
|
Via Singer
Capital Markets
|
|
Singer Capital Markets (Financial Adviser & Joint
Corporate Broker to the Company)
James Maxwell / Alaina Wong / Oliver
Platts (Corporate Finance)
Alan Geeves / Sam Greatrex
(Sales)
|
020 7496 3000
|
|
BNP
Paribas (Company Secretary to the Company)
|
01534 709189 / 709108
|
