Last checked at 3 Aug 2023 11:30
The Schiehallion Fund Limited
(the "Company")
Legal Entity Identifier: 213800NQOLJA1JCWXQ56
C Share Conversion Timetable
Further to the announcement on 27 July 2023 that the Managers expect the C Share proceeds raised in 2021 to be more than 85% deployed following completion of an investment, the Board is pleased to announce that the C Share proceeds are now 86.6% deployed. Accordingly, set out below is the timetable for Conversion of the C Shares into New Ordinary Shares in accordance with the terms set out in the Company's prospectus dated 23 March 2021 (the "Prospectus").
Expected Timetable
Conversion Calculation Date
| 31 August 2023 |
Announcement of Conversion Ratio | 8 September 2023
|
Conversion and C Share register closes
| 6:00 p.m. on 8 September 2023 |
Admission of New Ordinary Shares, with dealings commencing
| 8:00 a.m. on 11 September 2023
|
Crediting of CREST accounts with New Ordinary Shares
| 11 September 2023
|
Share Certificates in respect of New Ordinary Shares despatched | w/c 18 September 2023
|
Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Prospectus.
Baillie Gifford & Co Limited
3rd August 2023
Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws and regulations.