Atlantis Japan Grwth 31 March 2017 Redemption Facility Details

 
TIDMAJG 
 
ATLANTIS JAPAN GROWTH FUND LIMITED (the "Company") 
 
 (An authorised closed-ended investment company incorporated in Guernsey with 
                          registration number 30709) 
 
                   31 March 2017 Redemption Facility Details 
 
                                 10 March 2017 
 
The Company confirms that the next Redemption Point will be 31 March 2017.  If 
Shareholders are in any doubt about the action they should take, they should 
immediately consult their stockbroker, bank manager, solicitor, accountant or 
other independent financial adviser who (if they are taking advice inside the 
United Kingdom) is authorised under the Financial Services and Markets Act 2000 
or (if they are taking advice in a territory outside the United Kingdom) is an 
appropriately authorised independent financial adviser. 
 
Under the redemption terms announced on 17 December 2014, Shareholders may 
request redemptions at the 31 March 2017 Redemption Point of up to 5 per cent. 
of their holding of Ordinary Shares held at 30 September 2016 and held 
continuously at all times since that date, rounded down to the nearest whole 
number (the "Basic Entitlement") subject to an Exit Charge of 4%. 
 
Shareholders are also entitled to request the redemption of Ordinary Shares in 
excess of their Basic Entitlement to the extent that other Shareholders redeem 
less than their Basic Entitlement or do not seek to redeem any of their 
Ordinary Shares at the 31 March 2017 Redemption Point (an "Excess Request"). 
However, the Exit Charge on Excess Requests will be the rolling average 90 day 
discount, subject to an Exit Charge cap of 10%*. 
 
The details and timetable relating to the 31 March 2017 Redemption Point are 
summarised in the table below: 
 
Redemption Point:                      5.00pm on 31 March 2017 
 
Exit Charge:                             * 4% on redemptions under the Basic 
                                           Entitlement 
                                         * Rolling 90 day average discount, 
                                           calculated in accordance with the 
                                           Company's existing discount 
                                           control mechanism, subject to an 
                                           Exit Charge cap of 10% for Excess 
                                           Requests* 
 
Limit on total redemptions:            5% of the issued capital at the 
                                       Redemption Point 
 
First date for receipt of redemption   Friday 10 March 2017 
requests (20 days prior to Redemption 
Point): 
 
Last date for receipt of redemption    3.00pm on Tuesday 21 March 2017 
requests (10 days prior to Redemption 
Point): 
 
*Please note that, based on current discount levels, the Exit Charge for Excess 
Requests is likely to be higher than the Exit Charge for the Basic Entitlement. 
 
Copies of the redemption request form can be obtained from the Company's 
website (www.atlantisjapangrowthfund.com). Copies of the Circulars dated 30 
November 2010 and 22 February 2013 (the "Circulars") can also be found on the 
Company's website. 
 
Further details of the redemption facility process can be found in the 
Circulars in addition to the announcement released by the Company on 17 
December 2014. 
 
Enquiries 
 
Website:           www.atlantisjapangrowthfund.com 
 
The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Tel:      [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

February 21, 2017 08:34 ET (13:34 GMT)