28th Sep 2007 14:31
Oryx International Growth Fund Ld28 September 2007 28 September 2007 ORYX INTERNATIONAL GROWTH FUND LIMITED CONVERSION OF C SHARES Oryx International Growth Fund Limited ("Oryx") is pleased to announce thatfollowing the issue of C Shares in relation to the offer for Baltimore Capitalplc ("Baltimore"), the Company's Investment Manager, North Atlantic Value,notified the Directors on 27 September 2007 that more than 80 per cent. of CShareholders Funds had been realised and invested in assets selected by them.Therefore, and in accordance with the terms of the C Shares, the Directors havedetermined that the Calculation Time for the conversion of the C Shares intoOrdinary Shares will be 30 September 2007. The conversion will be made on thebasis of the respective net asset values of the C Shares and Ordinary Shares asat the Calculation Time. A further announcement will be made within 10 business days of the CalculationTime setting out details of the Conversion Date (which will be no later thanclose of business on 12 October 2007), the respective Net Asset Values as at 30September 2007, the Conversion Ratio and the numbers of Ordinary Shares andDeferred Shares to which each C Shareholder will be entitled on Conversion. Further details of the conversion and rights attaching to the C Shares are setout in Oryx's prospectus in relation to the offer for Baltimore dated 5 July2006 ("Prospectus"). Terms defined in the Prospectus shall have the same meaningin this announcement unless otherwise defined. Enquiries: Sara Radford/Paul Smith Tel: 01481 743 004BNP Paribas Fund Services (Guernsey) Limited This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Oryx International Growth