29th Jul 2009 12:30
29 July 2009
FRM Credit Alpha Limited (the 'Company')
Tender offer - Update
Further to the Company's recent announcement of its 30 June 2009 NAV of 90.8 pence per share, the Company is able to confirm that the Tender Price, namely the 30 June 2009 NAV less the costs of the Tender Offer, in relation to the Tender Offer approved by shareholders on 3 June 2009 will be 90.6 pence per validly tendered share.
It is expected that the Tender Offer will be conducted on Friday 12 August 2009 and that CREST accounts will be credited on the same day.
Following the completion of the Tender Offer the Company will have 66,133,577 shares in issue.
Enquiries
Mark Shaw
Financial Risk Management Limited
020 7968 6141
Jane Lewis
Winterflood Investment Trusts
020 3100 0295
Related Shares:
FCAP.L