Second Distribution
27 Febrero 2003 - 9:16AM
UK Regulatory
RNS Number:0618I
Baring Emerging Europe Trust PLC
27 February 2003
Second Distribution
The Joint Liquidators of The Baring Emerging Europe Trust PLC (in liquidation)
(the "Company") announce that pursuant to the scheme of reconstruction of the
Company under section 110 of the Insolvency Act 1986 (the "Scheme") a second
cash distribution of $1.935 per B Shares (as defined in the Scheme) will be paid
to those ordinary shareholders that elected to receive cash under the Scheme,
pro rata to their respective shareholdings on the effective date of the Scheme,
on 28 February 2003.
A final small distribution per share is expected to be paid at the end of the
liquidation, which is likely to be 2004, subject to no claims being received in
the liquidation period.
This information is provided by RNS
The company news service from the London Stock Exchange
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