17 Feb 2012 11:17
Ashmore Global Opportunities Limited ("AGOL" or the "Company")
Completion of 31 January 2012 Share Conversion
17 February 2012
Following the publication on 9 February 2012 of the final month-end net asset values for 31 January 2012, the following share conversion ratios have been determined in accordance with the articles of association of the Company for the purposes of the 31 January 2012 share conversion date:
0.64330206 | Sterling shares for each US Dollar share |
1.55394737 | US Dollar shares for each Sterling share |
On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:
- 40,035 new Sterling shares of no par value
and the following shares will be cancelled:
- 62,234 US Dollar shares of no par value
all with effect from 17 February 2012
Application has been made to the Financial Services Authority ("FSA") for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange's main market for listed securities.
Admission is expected to occur on or around 23 February 2012. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on 20 February 2012.
Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:
- 3,343,425 Euro Shares
- 309,460 Euro Treasury Shares
- 19,749,180 US Dollar Shares
- 1,608,750 US Dollar Treasury Shares
- 23,301,873 Sterling Shares; and
- 726,461 Sterling Treasury Shares
Number of votes each Share shall be entitled to on a poll at any general meeting of the Company (applying the Weighted Voting Calculation as described in the Prospectus published by the Company on 6 November 2007 (the 'Prospectus')):
US Dollar Shares: 1.0000
Euro Shares: 1.4638
Sterling Shares: 2.0288
The above figures may be used by shareholders as the denominator for the calculations, by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FSA's Disclosure and Transparency Rules.
Enquiries:
www.agol.com
Andrew Maiden (Tel: +44 (0) 1481 745368)
Northern Trust International Fund Administration Services (Guernsey) Limited