Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada
Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in CanadaView Video
Roundtable Discussion; The Future of Mineral Sands
Roundtable Discussion; The Future of Mineral SandsView Video

Latest Share Chat

Conversion of Securities

19 Mar 2018 17:09

Ashmore Global Opportunities Ltd - Conversion of Securities

Ashmore Global Opportunities Ltd - Conversion of Securities

PR Newswire

London, March 19

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.

Completion of 28 February 2018 Share Conversion19 March 2018

Following the publication on 15 March 2018 of the final month-end net asset values for 28 February 2018, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 28 February 2018 share conversion date:

1.31534980US Dollar shares for each Sterling share
0.76025404Sterling shares for each US Dollar share

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

2,872 new Sterling shares of no par value

and the following shares will be cancelled:

3,779 US Dollar shares of no par value

all with effect from 19 March 2018.

Application has been made to the Financial Conduct Authority (“FCA”) 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 29 March 2018. Shareholder accounts for converting shareholders are expected to be updated by 5.00pm on 29 March 2018.

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

- 7,353,839 US Dollar Shares; and- 2,261,817 Sterling 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: 1.0000Sterling 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 FCA's Disclosure and Transparency Rules.

Enquiries:www.agol.comAndrew Le PageNorthern Trust International Fund Administration Services (Guernsey) Limited

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.