The Cayenne Trust Plc Result of Second General Meeting (4400H)

TIDMTCTA

RNS Number : 4400H

The Cayenne Trust Plc

30 November 2015

The Cayenne Trust PLC

Result of Second General Meeting

Further to the announcement made on 30 October 2015 regarding proposals for the reconstruction and winding up of The Cayenne Trust PLC (the "Company"), the Directors are pleased to announce that the special resolution putting the Company into liquidation and giving final effect to the proposals was duly passed at the Second General Meeting held earlier today.

Under the terms of the Scheme, the net asset value of an ordinary share in the capital of the Company calculated in accordance with the Scheme as at 5.00 p.m. on 25 November 2015 was 158.46 pence (after the deduction of Scheme costs and the Liquidation Pool).

The issue prices for the MPT Income Shares and the MPT Growth Shares calculated in accordance with the Scheme are 116.65p and 151.00p, respectively. This reflects a premium of 0.85% to the respective NAVs of the MPT Income Shares and MPT Growth Shares as at 5pm on 25 November 2015.

As a result of elections received from the Company's shareholders, as announced on 26 November 2015, Shareholders who elected for the Rollover Option will receive the following:

   --     6,020,099 MPT Income Shares will be issued by MPT; and 
   --     3,887,194 MPT Growth Shares will be issued by MPT. 

A copy of today's special resolution is available on the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.

Defined terms used in this announcement have the meanings given in the Circular.

Enquiries:

 
 Cayenne Asset Management 
  Len Gayler                      020 7233 8899 
 Winterflood Investment Trusts 
  James Moseley 
  Joe Winkley                     020 3100 0000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMEAKFEDASSFFF

(END) Dow Jones Newswires

November 30, 2015 11:28 ET (16:28 GMT)