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Correction : Notice of Compulsory Partial Redemption

9 Jul 2018 17:42

Ashmore Global Opportunities Ltd - Correction : Notice of Compulsory Partial Redemption

Ashmore Global Opportunities Ltd - Correction : Notice of Compulsory Partial Redemption

PR Newswire

London, June 20

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Ashmore Global Opportunities Limited ("AGOL" or the "Company")

a Guernsey incorporated and registered limited liability closed-ended investment company with a Premium Listing of its US Dollar and Sterling share classes on the Official List.

LEI: 549300D6OJOCNPBJ0R33

Notice of Compulsory Partial Redemption of Shares - CORRECTION

9 July 2018

The following amendment has been made to the “Compulsory Partial Redemption of Shares” announcement released on 21 June 2018 at 07.00.

The price detailed in the first paragraph should read “will return 242.650 pence and 247.510 US cents per GBP and USD share respectively on 10 July 2018”

All other details remain unchanged.

The full amended text is shown below.

Notice of compulsory partial redemption of shares in Ashmore Global Opportunities Limited (the “Company”).

Further to the approval by the Company's shareholders of the winding down proposals as described in the circular to shareholders on 20 February 2013 (the "Circular") the Company today announces that it will return 242.650 pence and 247.510 US cents per GBP and USD share respectively on 10 July 2018 (the “Redemption Date”) by way of a compulsory partial redemption of shares (the “Redemption") by reference to the 31 May 2018 NAV Calculation Date.

The Redemption will be effected pro rata to holdings of shares on the register at the close of business on the Redemption Record Date, being 29 June 2018. 39.689% per cent of the Company's issued share capital will be redeemed on the Redemption Date (that is 39.689 Shares for every 100 GBP and USD shares held respectively (the "Relevant Percentage")). Fractions of Shares will not be redeemed and so the number of shares to be redeemed for each shareholder will be rounded down to the nearest whole number of shares.

The amount to be applied to the partial redemption of shares comprises the monies from the realisation of the Company’s investments received up to and including 31 May 2018 pursuant to the winding down of the Company.

As at today's date, the Company has 2,214,770 GBP ordinary shares and 7,413,452 USD ordinary shares. No shares are held in treasury. All of the ordinary shares redeemed on the Redemption Date will be cancelled. A further announcement will be released following the record date to confirm the new number of shares in issue for each share class.

The existing ISINs numbers GG00BZ60M912 and GG00BZ60MQ84 (the "Old ISINs") for the Company’s shares will expire on the Redemption Date (10 July 2018). The new ISIN numbers GG00BDZRFS96 (GBP shares) and GG00BDZRFT04 (USD shares) (the "New ISINs") in respect of the Company’s shares (post the Redemption) will be enabled from and including 10 July 2018. Up to the Redemption Date (but not including the 10 July 2018), Shares will be traded under the Old ISIN. The Redemption will be effected pro rata to holdings of shares on the register at the close of business on the Redemption Record Date, being 29 June 2018. Purchases of shares that were unsettled as at the close of business on the Record Date, including trades arranged after the Record Date but before the Redemption Date, will be transformed automatically by CREST and will settle under the New ISINs with an accompanying delivery of cash though CREST in respect of the redemption proceeds.

Payments of redemption monies are expected to be effected either through CREST (in the case of shares held in un-certificated form) or by cheque (in the case of shares held in certificated form) by 11 July 2018.

All Enquiries:

Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745001

Date   Source Headline
22nd Sep 202011:30 amPRNResult of AGM
21st Aug 20205:34 pmPRNHalf-year Report
21st Aug 20204:10 pmPRNNotice of AGM
16th Jul 20204:05 pmPRNNet Asset Value(s)
16th Jun 20205:05 pmPRNTotal Voting Rights
27th Apr 20208:50 amPRNFinal Results
7th Apr 20205:15 pmPRNHolding(s) in Company
27th Mar 20205:00 pmPRNShare Conversion & Closure of Sterling Share Class
26th Mar 20205:30 pmRNSAshmore Global Opportunities
17th Mar 20206:20 pmPRNNet Asset Value(s)
2nd Mar 20204:41 pmRNSSecond Price Monitoring Extn
2nd Mar 20204:36 pmRNSPrice Monitoring Extension
27th Feb 20205:15 pmPRNConversion of Share Class
18th Feb 20205:54 pmPRNNet Asset Value(s)
20th Jan 20207:00 amPRNNet Asset Value(s)
3rd Jan 20202:54 pmPRNConversion of Securities
18th Dec 20197:00 amPRNNet Asset Value(s)
4th Dec 20194:40 pmRNSSecond Price Monitoring Extn
4th Dec 20194:35 pmRNSPrice Monitoring Extension
27th Nov 20193:37 pmPRNRevaluation of an Asset
19th Nov 20192:37 pmPRNNet Asset Value(s)
16th Oct 20194:40 pmPRNNet Asset Value(s)
30th Sep 20194:35 pmRNSPrice Monitoring Extension
27th Sep 20195:10 pmPRNConversion of Securities
18th Sep 20197:00 amPRNNet Asset Value(s)
23rd Aug 20194:59 pmPRNHalf-year Report
23rd Aug 20191:19 pmPRNResult of AGM
19th Aug 20199:08 amPRNNet Asset Value(s)
16th Jul 20193:19 pmPRNNet Asset Value(s)
27th Jun 20199:48 amPRNNotice of AGM
20th Jun 20197:00 amPRNNet Asset Value(s)
10th Jun 201911:41 amPRNTotal Voting Rights
7th Jun 20195:25 pmPRNTotal Voting Rights
30th May 20193:38 pmPRNCancellation of the May 2019 Share Conversion
28th May 20195:56 pmPRNNotice of Compulsory Partial Redemption of Shares
28th May 201912:44 pmPRNRevaluation of an Asset
17th May 20197:00 amPRNNet Asset Value(s)
24th Apr 20199:05 amPRNAnnual Financial Report
16th Apr 201911:08 amPRNNet Asset Value(s)
28th Mar 201911:10 amPRNRevaluation of an Asset
15th Mar 20194:44 pmPRNNet Asset Value(s)
11th Mar 20195:21 pmPRNTotal Voting Rights
4th Mar 20199:49 amPRNCancellation of the February 2019 Share Conversion
22nd Feb 20195:27 pmPRNNotice of Compulsory Partial Redemption of Shares
18th Feb 20197:00 amPRNMonth End Final Net Asset Value(s)
17th Jan 20195:03 pmPRNNet Asset Value(s)
28th Dec 20183:32 pmPRNConversion of Securities
18th Dec 20184:41 pmPRNNet Asset Value(s)
28th Nov 20189:32 amPRNRevaluation of an Asset
19th Nov 201812:29 pmPRNNet Asset Value(s)

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