Close UK Index Growth Fund 2012 Statement re Redemption of Zero Dividend Shares (5011T)
13 Diciembre 2012 - 9:39AM
UK Regulatory
TIDMCSUZ
RNS Number : 5011T
Close UK Index Growth Fund 2012
13 December 2012
FOR IMMEDIATE RELEASE
CLOSE ASSETS FUNDS LIMITED (the "Company")
CLOSE UK INDEX GROWTH FUND 2012 (the "Fund")
REDEMPTION OF ZERO DIVIDEND SHARES IN THE FUND (THE
"SHARES")
The Fund's investment objective is to provide investors with
four times the growth of the FTSE 100 Index (the "Index"), up to a
maximum capital repayment of 164 per cent of the Issue Price
(148.64 pence per Share), over the Fund's six year term from 14
November 2006 to 22 November 2012 (the "Term"), subject to any
unforeseen circumstances.
The Shares offer full capital protection, subject to the Index
closing down by more than 50 per cent from its starting value
during the Term (i.e. below 3080.15) AND failing to recover to its
starting value of 6,160.30.
The official closing level of the Index as at 22 November 2012
was 5,791.03 and during the Term the Index had not closed down more
than 50 per cent from its starting value. Therefore, the Final
Capital Entitlement payable to Shareholders is 148.64 pence per
Share.
The proceeds payable to Shareholders are expected to be paid on
or around 14 December 2012 and are to 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. Such payments are
sent at the risk of the holder(s) to the address of the holder, or
first named joint holder, as it appears on the Company's Register
of Members or by such alternative method as previously communicated
to the Company's Registrar.
The listing of the Fund's Shares on the Official List and
trading on the London Stock Exchange plc's main market for listed
securities was suspended on 23 November 2012 with the expected
cancellation date being 31 December 2012.
For further information contact:
Anson Fund Managers Limited
Secretary
Tel: 01481 722260
Anson Registrars Limited
Registrar and Paying Agent
Tel: 01481 711301
13 December 2012
END OF ANNOUNCEMENT
E&OE - In transmission
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRFMMMZKFNGZZM
Close Assets Funds (LSE:CSUZ)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Close Assets Funds (LSE:CSUZ)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024