DW Catalyst Fund Ltd Strategy for Company
01 Junio 2017 - 3:10AM
UK Regulatory
TIDMDWCG TIDMDWCU
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
DW Catalyst Fund Limited (the "Company")
(a closed-ended investment collective investment scheme registered and
incorporated in Guernsey with registration number 52520)
Strategy Update
1 June 2017
Following the passing of the discount trigger resolution earlier this year,
which will result in approximately 58 per cent of the Company's shares being
redeemed, the Company has discussed its future with its investment manager, DW
Partners, LP ("DW Partners"), and obtained the views of shareholders
representing a majority of the continuing shares.
As a result of these discussions and feedback received, the Directors have
agreed that a resolution to wind up the Company should be proposed to
shareholders at its forthcoming annual general meeting, to be held in August
which, if passed, will lead to the liquidation of the Company. In conjunction
with any liquidation, DW Partners will consider the extent to which
shareholders can be offered an opportunity to invest in alternative vehicles,
subject to satisfaction of eligibility requirements.
Details of the resolution and, if it is passed, the proposed timing for the
liquidation of the Company and distributions to shareholders, will be included
in the shareholder circular for the annual general meeting, to take place on 4
August 2017.
Enquiries:
Company website: www.dwcatalystltd.com
Northern Trust International Fund Administration Services (Guernsey) Limited
Rebecca Booth
Tel: +44 (0) 1481 745189
END
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