Chenavari Capital Solutions Limited Partial Compulsory Redemption of Shares (5144P)
September 01 2017 - 2:00AM
UK Regulatory
TIDMCCSL
RNS Number : 5144P
Chenavari Capital Solutions Limited
01 September 2017
Chenavari Capital Solutions Limited (the Company)
1 September 2017
Partial Compulsory Redemption of Shares
Following the redemption of 7,413,640 Redeemable Ordinary Shares
of No Par Value ("Ordinary Shares") at a rate of 94.42 pence per
Ordinary Share on 31 August 2017 (as previously announced on 17
August 2017), the Company now has 117,253,944 Ordinary Shares in
issue. With effect from today the Company's Ordinary Shares will
trade under the new ISIN number GG00BF5KFD71.
On this basis, a holder of 10,000 Ordinary Shares will have
approximately 594 Ordinary Shares redeemed, and receive
approximately GBP560.85 in cash.
In conformity with the FCA's Disclosure Guidance and
Transparency Rules (DTR 5.6.1), the Company notifies that the
Company's issued share capital consists of 117,253,944 Ordinary
Shares. No Ordinary Shares are held in Treasury, therefore, the
total number of Ordinary Shares with voting rights in the Company
is 117,253,944.
This figure 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 Guidance and Transparency Rules
(DTR 5.1.2).
It is expected that the proceeds of the redemption will be paid
through CREST to holders of Shares in uncertificated form, and paid
by cheque to holders of Shares in certificated form, on 13
September 2017.
Enquiries:
Chenavari Investment Managers
Kirstie Sumarno
Email: ccslir@chenavari.com
Telephone: +44 20 7259 3600
Fidante Capital
Robert Peel, Corporate Broking
Email: rpeel@fidante.com
Telephone: +44 20 7832 0983
This information is provided by RNS
The company news service from the London Stock Exchange
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