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New Funds Launch

9 Sep 2008 07:00

RNS Number : 9947C
PowerShares Global Funds IrelandPLC
09 September 2008
 



PowerShares Global Funds Ireland public limited company

Launch of New PowerShares Sub-Funds

8 September 2008

The Directors of PowerShares Global Funds Ireland public limited company (the "Company"announce the launch of the following new PowerShares sub-funds:

PowerShares Dynamic Japan Fund;

PowerShares Global Agriculture NASDAQ OMX Fund; and

PowerShares Middle East North Africa NASDAQ OMX Fund;

(the "New Funds").

Applications have been made for the New Funds to be admitted to the United Kingdom Listing Authority's Official List and to trading on the London Stock Exchange's main market. Dealings in the shares of the PowerShares Dynamic Japan Fund and the PowerShares Global Agricultural NASDAQ OMX Fund are expected to commence on Monday, 15 September 2008. Dealings in the shares of the PowerShares Middle East North Africa NASDAQ OMX Fund are expected to commence on or before 31 October 2008 (a further announcement confirming the date on which dealings are to commence will be issued in due course).

The Company is an open-ended investment company with variable capital organised under the laws of Ireland. The Company was authorised by the Financial Regulator as an Undertaking for Collective Investment in Transferable Securities ("UCITS") for the purposes of the Irish Regulations on 13 September 2002 to offer pooled investment. The Company has the status of a recognised scheme under section 264 of the Financial Services and Markets Act 2000. The Company is structured as an umbrella fund in that the share capital of the Company may be divided into different classes of shares with one or more classes representing a sub-fund of the Company. Each sub-fund may have more than one share class.

Certain terms in this announcement are defined in the Listing Particulars.

Copies of the Listing Particulars, which include Summary and Securities Notes relating to the New Funds, have been submitted to the UK Financial Services Authority and are now available for inspection at the Document Viewing Facility which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

LondonE14 5HS 

(Telephone: 020 7066 1000)

The Listing Particulars will also be available for download at http://www.invescopowershares.net

Intelli Corporate Finance Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority for designated investment business, is acting for PowerShares Global Funds Ireland public limited company and for no one else and will not be responsible to anyone other than PowerShares Global Funds Ireland public limited company for providing the protections afforded to clients of Intelli Corporate Finance Limited or for giving advice in relation to any matter referred to in this announcement.

Further enquiries - please contact:

Tim MitchellHead of Investment Institutions - Specialist Funds

Invesco Perpetual

T: +44 (0) 20 7065 3182

Sue InglisDirector

Intelli Corporate Finance Limited

T: +44 (0) 20 7653 6300

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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