FUS F&C Uk

 

TIDMFUS 
 
RNS Number : 1833O 
F&C UK Select Trust PLC 
24 June 2010 
 
Not for release, publication or distribution in or into Australia, Canada, China 
                              or the United States 
                                  24 June 2010 
                            F&C UK Select Trust PLC 
 
 SHAREHOLDERS' ENTITLEMENTS UNDER THE SCHEME 
Further to the announcement made on 22 April 2010 regarding recommended 
proposals for the reconstruction and winding-up of the Company, the Company 
announces that Shareholders' entitlements under the Scheme are as follows: 
·    Elections for the Cash Option 
The cash entitlement of a Share in respect of which an Election was made, or 
deemed to have been made, for the Cash Option (being its LAV as at 23 June) is 
85.08p.  Cheques are expected to be despatched and CREST accounts are expected 
to be credited (as appropriate) in respect of such cash entitlements in the week 
commencing Monday, 28 June 2010. 
·    Elections for the UKOF Option 
The value of a Share in respect of which an Election was made for the UKOF 
Option and the price of a UKOF Share as at 12 noon on 23 June (the valuation 
point for the purpose of determining entitlements under the UKOF Option) were 
85.81p and 49.74p respectively.  Accordingly, Shareholders will receive 
1.72591680 UKOF Shares per Share in respect of which an Election was made for 
the UKOF Option and fractional entitlements to UKOF Shares will be rounded up to 
the nearest 100th of a UKOF Share. 
The assets in the UKOF Fund have been transferred to UKOF.  Written 
confirmations of ownership of UKOF Shares are expected to be despatched to 
Shareholders who elected for the UKOF Option in the week commencing Monday, 28 
June 2010. 
Enquiries 
+-----------------+--------------+---------------+ 
| Mike            | F&C          | T:            | 
| Woodward/Martin | Management   | 0207 628 8000 | 
| Cassels         | Limited      |               | 
+-----------------+--------------+---------------+ 
| Sue             | Canaccord    | T: 020        | 
| Inglis          | Genuity      | 7050 6779     | 
|                 | Limited      |               | 
+-----------------+--------------+---------------+ 
| Mark            | Ernst        | T:            | 
| McCartney       | &            | 0131 777 2209 | 
|                 | Young        |               | 
|                 | LLP          |               | 
|                 | (Liquidators |               | 
|                 | of F&C UK    |               | 
|                 | Select Trust |               | 
|                 | plc)         |               | 
+-----------------+--------------+---------------+ 
Notes 
Unless the context otherwise requires, terms used in this announcement shall 
bear the meanings given to them in the circular to F&C UK Select Trust plc's 
shareholders dated 30 April 2010. 
Canaccord Genuity Limited, which is authorised and regulated in the United 
Kingdom by the Financial Services Authority, is acting for F&C UK Select Trust 
plc and no-one else in connection with the Proposals and will not be responsible 
to anyone other than F&C UK Select Trust plc for providing the protections 
afforded to customers of Canaccord Genuity Limited or for providing advice in 
relation to the Proposals, the contents of this announcement or any other matter 
referred to in this announcement. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCKKQDNKBKDQAB 
 

F&C Uk (LSE:FUS)
Historical Stock Chart
From Apr 2024 to May 2024

F&C Uk (LSE:FUS)
Historical Stock Chart
From May 2023 to May 2024