13th Feb 2025 10:00
Middlefield Canadian Income PCC - Statement re Notice of Requisition of a General Meeting13 February 2025
Middlefield Canadian Income PCC (the “Company”)including Middlefield Canadian Income – GBP PC (the “Fund”), a cell of the CompanyRegistered No: 93546Legal Entity Identifier: 2138007ENW3JEJXC8658
Notice of Requisition of a General Meeting
The Board of Middlefield Canadian Income PCC (the “Company”) and Middlefield Canadian Income – GBP PC (the “Fund”) announces that it has received a letter from a nominee account acting on behalf of the custodian and prime broker for Saba Capital Management, L.P. requisitioning the Board to convene a general meeting of shareholders (the “Requisition”).
The Requisition proposes that shareholders be asked to consider, and, if thought fit approve, the taking by the Company of all necessary steps to implement a scheme or process by which shareholders would become (or have the option to become) shareholders of a UK-listed open-ended investment company (or similar open-ended investment vehicle) implementing a substantially similar strategy to the Company, and which could entail shareholders rolling into an existing or newly established UK-listed open-ended investment company (or similar open-ended investment vehicle), in either case managed by the Company’s existing investment manager or one of its affiliates.
The Board is committed to acting in the best interests of all shareholders and will make a further announcement regarding the Requisition in due course. Accordingly, the Board recommends that shareholders take no action at this time.
For further information, please contact:
Middlefield Canadian Income – GBP PC via Investec Bank plcMichael Phair (Chairman)
Investec Bank plcCorporate BrokerHelen Goldsmith/David YovichicTel: 020 7597 4000
JTC Fund Solutions (Jersey) LimitedSecretaryMatt Tostevin/Hilary Jones/Jade LiveseyTel: 01534 700 000
BuchananPR AdvisersCharles Ryland/Henry WilsonTel: 020 7466 5000
Related Shares:
Middlefield Prf