Circ re Liquidation of Company
06 May 2011 - 2:38AM
UK Regulatory
TIDMUSPI
Global Special Opportunities Trust PLC (the "Company")
Publication of Circular
The Company has today published a circular (the "Circular") to Shareholders
setting out details of the proposed members' voluntary liquidation of the
Company.
The Articles of Association of the Company require the Board to convene a
general meeting of the Company on 31 May 2011 and to propose a special
resolution requiring that the Company be wound up voluntarily.
The Circular contains a notice convening a General Meeting of Shareholders to
be held at the offices of The Association of Investment Companies, 9th Floor,
24 Chiswell Street, London EC1Y 4YY at 12 noon on Tuesday, 31 May 2011, at
which approval for the members' voluntary liquidation of the Company will be
sought.
The Circular also contains an update on the Company's portfolio and details of
the entitlements of Shareholders on a winding-up.
Terms used and not defined in this announcement bear the meaning given to them
in the Circular dated 5 May 2011.
Expected Timetable
Date from which it is advised that dealings in Shares 24 May 2011
should only be for cash settlement and immediate
delivery of documents of title
Latest time and date for receipt of Forms of Proxy for 12 noon on 26 May 2011
use at the General Meeting
Latest time for delivery to Registrars of documents of 5.00 p.m. on 27 May 2011
title relating to dealings in Shares subject to cash
settlement
Close of Register and Record Date for participation in 6.00 p.m. on 27 May 2011
the liquidation
Suspension of Shares from trading on the London Stock 7.30 a.m. on 31 May 2011
Exchange and suspension of listing on the Official
List of the UK Listing Authority
General Meeting of the Company 12 noon on 31 May 2011
Commencement of winding up of the Company 31 May 2011
Estimated date for distribution to ZDP Shareholders* in the week commencing
6 June 2011
Estimated date for first interim distribution to in the week commencing
Income Shareholders* 11 July 2011
* Actual date to be determined by the Liquidators.
Notes
(i) The dates set out in the expected timetable above may be adjusted by the
Company, in which event details of the new dates will be notified to the UK
Listing Authority and the London Stock Exchange, and an announcement will be
made through a Regulatory Information Service.
(ii) All references to time in this document are to the time in London.
A copy of the Circular has been submitted to the National Storage Mechanism and
will shortly be available for inspection at www.hemscott.com/nsm.do
Enquiries:
Nigel Sidebottom +44 (0)1483 400465
Premier Asset Management
Jonathan Carslake +44 (0)1392 477 506
Capita Sinclair Henderson Limited
END
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