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Conversion of Securities

24th Sep 2013 07:00

RNS Number : 6790O
Ashmore Global Opportunities Ltd
24 September 2013
 



NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

Ashmore Global Opportunities Limited ("AGOL" or the "Company")

a Guernsey incorporated and registered limited liability closed-ended investment company with a Premium Listing of its US Dollar and Sterling share classes on the Official List.

 

Completion of 31 August 2013 Share Conversion

24 September 2013

 

Following the publication on 16 September 2013 of the final month-end net asset values for 31 August 2013, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 31 August 2013 share conversion date:

 

1.52613828

US Dollar shares for each Sterling share

0.65151515

Sterling shares for each US Dollar share

 

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

 

- 838 new US Dollar shares of no par value

 

and the following shares will be cancelled:

 

- 550 Sterling shares of no par value

 

all with effect from 24 September 2013.

 

Application has been made to the Financial Services Authority ("FSA") for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange's main market for listed securities.

 

Admission is expected to occur on or around 30 September 2013. Shareholder accounts for converting shareholders are expected to be updated by 5.00pm on 30 September 2013.

 

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

 

- 17,742,676 US Dollar Shares

- 18,458,364 Sterling Shares; and

 

Number of votes each Share shall be entitled to on a poll at any general meeting of the Company (applying the Weighted Voting Calculation as described in the Prospectus published by the Company on 6 November 2007 (the 'Prospectus')):

 

US Dollar Shares: 1.0000

Sterling Shares: 2.0288

 

The above figures 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 FSA's Disclosure and Transparency Rules.

 

Enquiries:

www.agol.com

Andrew Maiden

Northern Trust International Fund Administration Services (Guernsey) Limited

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

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