WTR Lazard World

TIDMWTR

RNS Number : 1867S

Lazard World Trust Fund

07 March 2019

7 March 2019

Lazard World Trust Fund

Publication of Circular re: proposals for the liquidation of the Company

Further to the announcement on 1 March 2019 in relation to the Second Redemption, Lazard World Trust Fund has today published a circular (the "Circular") putting forward proposals to commence a liquidation of the Company (the "Proposals").

The Circular includes a notice convening an extraordinary general meeting ("EGM") to seek Shareholder approval of:

-- the Liquidation Resolution required to place the Company into liquidation pursuant to the Law; and

-- the Appointment Resolution to appoint PwC Luxembourg SC, represented by Ms Anne Laurent, as Liquidator and to define the powers and remuneration of the Liquidator,

together, the "Resolutions".

Further details of the Proposals are set out in the Circular which has been posted to shareholders today. The EGM will be held at 49, avenue J.F. Kennedy, L-1855 Luxembourg on 28 March 2019 at 10:30 a.m. CET.

A copy of the Circular incorporating the notice of EGM has been submitted to the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and will shortly be available to download from the Company's website www.lazardworldtrustfund.com.

Stock exchange dealings

The Register will be closed at 6.00 p.m. CET on 27 March 2019, being the day before the Extraordinary General Meeting. Applications will be made to the FCA and to the Luxembourg Stock Exchange for suspension of listing of the Shares on the Official List of the FCA and on the Luxembourg Stock Exchange and applications will be made to the London Stock Exchange and the Luxembourg Stock Exchange for suspension in trading in the Shares at 8.30 a.m. CET on 28 March 2019, being the date of the Extraordinary General Meeting. The last day for dealings in the Shares on the London Stock Exchange and the Luxembourg Stock Exchange on a normal rolling three day settlement basis will be 25 March 2019. After 25 March 2019, dealings should be for cash settlement only and will be registered in the normal way if the transfer, accompanied by the documents of title, is received by the Registrar by 27 March 2019. Transfer requests received after that time will be returned to the person lodging them.

Conditional on the passing of the Resolutions, the Board will apply for cancellation of the listing of the Shares on the Official List (pursuant to the Listing Rules) and the Luxembourg Stock Exchange (pursuant to the rules and regulations of the Luxembourg Stock Exchange) and of the trading of the Shares on the London Stock Exchange and on the Luxembourg Stock Exchange with effect from 29 March 2019. Although the Shares will remain listed on the Official List and the Luxembourg Stock Exchange until the cancellation of listing has been completed, trading in the Shares will be suspended on the Effective Date. The Liquidator will not register changes in ownership.

Save as defined herein, capitalised terms used in this announcement have the same meaning as in the Circular.

Enquiries:

Link Company Matters

Jenny Thompson +44 (0)20 7954 9599

Cenkos Securities plc +44 (0)20 7397 8900

Alex Collins

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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