Circular to Shareholders
27 January 2004 - 10:09PM
UK Regulatory
RNS Number:6716U
Enterprise Venture Capital TrustPLC
27 January 2004
Enterprise Venture Capital Trust plc
27 January 2004
Circular to Shareholders - Notice of EGM
Enterprise Venture Capital Trust plc ("Enterprise" or the "Company") announces that it has convened an Extraordinary
General Meeting of the Company to take place on 17 February 2004. The purpose of this meeting is to consider, and if
thought fit pass, resolutions to cancel the O Share capital of the Company and issue new A shares in the Company ("the
Resolutions"). The cancellation of the O share capital requires court approval and the cancellation is conditional on
this approval being granted. If the cancellation of the O share capital is approved the Company will return the O Share
Fund to the O shareholders.
A document ("the Circular") convening the meetings and setting out the resolutions and reasons for the resolutions,
timetable and action to be taken by shareholders has been posted to shareholders, together with forms of proxy.
As described in the Circular, the Resolutions will require the approval of shareholders and the passing of a special
resolution by the O shareholders in relation to the cancelling of the O share capital and the passing of a special
resolution by both the A and O shareholders in relation to the resolution proposing to grant the Directors authority to
allot new A shares in the Company at the EGM.
Expected Timetable of principal events
Last date for receipt of proxy forms for the EGM and class meetings 17th February 2004
EGM and class meetings 19th February 2004
Reconvened class meetings 20th February 2004
Letter to Shareholders containing an offer for new A shares February 2004
Lloyds option notice served 16th March 2004
Provisional date of the Court hearing of the petition to confirm the cancellation of
the ordinary shares 17th March 2004
Expected effective date of cancellation of the Ordinary shares 24th March 2004
Transfer of loan portfolio to Lloyds 26 March 2004
O Share Fund returned to O shareholders 29th March 2004
* these dates are indicative only and will depend, inter alia, on the date upon which the court sanctions the
cancellation of the O share capital.
A copy of the above document has been submitted to the UK Listing Authority and will shortly be available for inspection
at the UK Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Tel. no. 020 7676 1000
(Documents will usually be available for inspection within six normal business hours of this notice being given).
This information is provided by RNS
The company news service from the London Stock Exchange
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