MAIL.L Regulatory News (MAIL)

26 Jan 2007 13:30

Man Alternative Investments Ld26 January 2007 Man Alternative Investments Limited - Terminal asset value At an Extraordinary General Meeting of Man Alternative Investments Limited ("theCompany") held on 17 January 2007 the Company was put into members' voluntaryliquidation and Messrs Stephen John Le Page and John Dunford, both ofPricewaterhouseCoopers CI LLP, were appointed joint liquidators (the"Liquidators"). Terminal Asset Value per Ordinary Share As at the close of business on 17 January 2007, the Terminal Asset Value perOrdinary Share was calculated as 98.76p per Ordinary Share including projectedcosts of liquidating the Company. Timetable The Liquidators expect to despatch the first entitlements due to Shareholders,comprising between 50 and 75% of the total net assets, in late February 2007. The remaining assets are expected to be available for distribution toshareholders in late July 2007, subject to there being no unusual delays. It isalso anticipated that all liabilities of the Company will have been met bythat date and accordingly the balance of the Liquidators' retention of £60,000will be distributed pro rata to shareholders at the same time. This information is provided by RNS The company news service from the London Stock Exchange