RNS Number:6597M
Man Alternative Investments Ld
24 November 2006
BOARD DECISION
24 November 2006
MAN ALTERNATIVE INVESTMENTS LIMITED (the "Company")
At a meeting of the Board of Directors held on the 23rd November 2006 for the
purpose of drawing up suitable proposals for the future of the Company
(following the announcement on 10 November 2006 that the resolution put to the
Company's annual general meeting for the continuance of the Company was not
carried), the Board unanimously agreed that a voluntary liquidation of the
Company would be the most appropriate course of action to put to shareholders
for their approval. In taking this decision, the Board took into account the
views of major shareholders as communicated to the Board by the Company's
brokers.
The Board will be submitting the proposal to wind-up the Company and cancel the
listing and trading of the Company's shares to Shareholders at an extraordinary
general meeting to be held, in any event, no later than 9 February 2007 as
required by the Company's articles of association.
The Board expects to apply for the suspension of the listing and trading of the
Company's shares with effect from the date of the extraordinary general meeting.
The notice of the extraordinary general meeting and a circular outlining the
details of the proposal will be circulated among shareholders in due course.
For further enquiries:
P M Bodman, Man Fund Management (Guernsey) Ltd, Company Secretary,
Tel + 44 1481 740580
This information is provided by RNS
The company news service from the London Stock Exchange
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