17 Nov 2011 10:29
Ashmore Global Opportunities Limited ("AGOL" or the "Company")
Completion of 31 October 2011 Share Conversion
17 November 2011
Following the publication on 10 November 2011 of the final month-end net asset values for 31 October 2011, the following share conversion ratios have been determined in accordance with the articles of association of the Company for the purposes of the 31 October 2011 share conversion date:
0.74828897 | US Dollar shares for each Euro share |
0.62980261 | US Dollar shares for each Sterling share |
0.84174732 | Euro shares for each Sterling share |
1.18813131 | Sterling shares for each Euro share |
On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:
- 53,046 new Sterling shares of no par value; and
- 925 new Euro shares of no par value
and the following shares will be cancelled:
- 85,462 US Dollar shares of no par value
all with effect from 17 November 2011.
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 November 2011. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on 17 November 2011.
Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:
- 3,493,103 Euro Shares
- 309,460 Euro Treasury Shares
- 19,896,356 US Dollar Shares
- 1,608,750 US Dollar Treasury Shares
- 23,082,222 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