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Conversion of Securities and Total Voting Rights

14th Jan 2011 15:30

RNS Number : 5209Z
Ashmore Global Opportunities Ltd
14 January 2011
 



ASHMORE GLOBAL OPPORTUNITIES LIMITED

 

 

Conversion Between Classes and Total Voting Rights

 

 

The Company has received Conversion Notices in respect of the 31 December 2010 Conversion Calculation Date from holders as follows:

 

Euro to Sterling

822,999

Shares

Euro to US Dollar

659,321

Shares

US Dollar to Sterling

177,742

Shares

Sterling to US Dollar

89

Shares

 

USD NAV 31/12/10

9.69

 

 

EUR NAV 31/12/10

9.40

 

 

GBP NAV 31/12/10

9.58

 

 

 

 

Reuters FX Rate

 

 

Ex Rate GBP/EUR

1.167045450

 

 

Ex Rate GBP/USD

1.565649892

 

 

Ex Rate EUR/USD

1.341550059

 

 

Share Conversion Rate

 

 

USD/GBP

0.64604877

 

 

EUR/USD

1.30139947

 

 

EUR/GBP

0.84076530

 

 

GBP/USD

1.55056180

 

 

On the basis of aggregate applications received and using the conversion ratios, net asset values and foreign exchange rates listed above, the following shares will be issued with effect from 31 December 2010

 

806,690 STG shares of no par value,

680,436 USD shares of no par value

 

the following shares will be cancelled with effect 31 December 2010

 

1,482,320

EUR shares of no par value

 

Shareholder CREST accounts for those shareholders for whom Conversion Notices have been received will be credited with new shares on 21 January 2011.

 

Following the conversion there are:

Shares in Issue

(excluding Treasury Shares)

Voting Rights

GBP shares

21,178,813

42,967,576

EURO shares

4,568,437

6,687,278

USD shares

22,471,477

22,471,477

Total

72,126,331

 

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

Euro Shares: 1.4638

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:

 

Cara De La Mare

Northern Trust International Fund Administration Services (Guernsey) Limited

+44 (0) 1481 745001

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

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