Investment Policy - Update
30 May 2008 - 12:51AM
UK Regulatory
RNS Number : 5458V
HSBC European Absolute Limited
29 May 2008
HSBC European Absolute Limited
St. Martin's House, Le Bordage, St.Peter Port, Guernsey GY1 4AU
29 May 2008
HSBC European Absolute Limited (the "Company")
Further to their announcement of 20 May, 2008, the Directors of HSBC European Absolute Limited announce that they have now resolved to
bring forward proposals for the Company which either will involve its liquidation or will otherwise enable those shareholders who so wish to
realise their investment for cash. Provided it is economic to do so, the Board intends to make available one or more successor investment
vehicles for those shareholders who wish to roll over their investment rather than realise it for cash.
The proposals will be subject to shareholders' approval. A shareholder circular giving full details is in preparation and will be
despatched as soon as practicable and further announcements made as appropriate.
Enquires
Robert Naylor, Landsbanki Securities (UK) Ltd, 020 7426 9000
Noel von Kaltenborn, HSBC Alternative Investments Ltd, 020 7860 3067
END.
This information is provided by RNS
The company news service from the London Stock Exchange
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