Acencia Debt Strat First Interim Liquidation Distribution
March 06 2018 - 6:45AM
UK Regulatory
TIDMACD
ACENCIA DEBT STRATEGIES LIMITED (IN VOLUNTARY LIQUIDATION) (THE "COMPANY")
First interim distribution announcement
At an extraordinary general meeting of the Company held on 29 December 2017,
shareholders passed resolutions to wind-up the Company and appointed Linda
Johnson and Ashley Paxton of KPMG Channel Islands Limited as joint liquidators
(the "Liquidators").
The Liquidators announce their intention to make a first interim distribution
(the "First Interim Distribution") of:
USD $1.640490 per ordinary USD share issued
The First Interim Distribution will be effected pro rata to the holdings of
ordinary USD shares on the register at the close of business on 26 February
2018 (the "Record Date").
The First Interim Distribution will be paid by way of USD cheques drawn upon a
USD clearing bank posted on Friday 9 March 2018 to the shareholder's registered
address as at the Record Date.
If this cheque payment is not in your local currency and you would like to
convert it please visit http://ips.linkassetservices.com/ or email
IPS@linkgroup.co.uk in order to find out how to do this.
Following payment of the First Interim Distribution the remaining Net Asset
Value ("NAV") of the Company is estimated to be USD $0.045910 per ordinary USD
share issued. Please note that this is an estimated figure and is subject to
change. The remaining NAV of the Company is expected to be distributed to
shareholders by way of a second and final distribution on receipt of a number
of audit hold-back positions from the Company's investments. The audit
hold-backs are expected to be received in June 2018.
Enquiries:
The Liquidators
Linda Johnson and Ashley Paxton
Glategny Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 1WR
Tel: 01481 721 000
restructuring-ci@kpmg.com
END
(END) Dow Jones Newswires
March 06, 2018 06:45 ET (11:45 GMT)
Acencia (LSE:ACD)
Historical Stock Chart
From Jul 2024 to Aug 2024
Acencia (LSE:ACD)
Historical Stock Chart
From Aug 2023 to Aug 2024