Global Fixed Income Realisation Ltd PUBLICATION OF TENDER OFFER CIRCULAR (6146S)

TIDMGFIR

RNS Number : 6146S

Global Fixed Income Realisation Ltd

04 October 2017

4 October 2017

GLOBAL FIXED INCOME REALISATION LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 45717)

PUBLICATION OF TENDER OFFER CIRCULAR

Further to the announcement of 26 September 2017, the Board of Global Fixed Income Realisation Limited (the "Company") announces that a circular has today been circulated to shareholders in connection with the proposed tender offer (the "Circular").

Further to the announcements of 29 August and 18 September 2017, the Board also wishes to advise that it has been informed by the administrator of 3D Propco Limited ("3DPC") that the distribution received by the Company from 3DPC has been processed as a final distribution pari passu to all investors. The Board intends to continue to pursue the Company's interests in connection with this distribution, which represented a 44% discount to the NAV of this investment produced by the administrator of 3DPC as at 30 June 2017 which was based on a "fire sale" valuation attributed to its underlying asset. In the meantime the Board does not anticipate there being any adjustment to the aggregate gross consideration of the tender offer and it is expected that the next Company NAV will not attribute any residual value to this holding.

Copies of the Circular can also be found on the Company's website at https://www.lumx.com/gfir/gfir.

Enquiries

Numis Securities Limited

Nathan Brown, Corporate Broking and Advisory

Tel. [phone]

Email: [e-mail]

Praxis Fund Services Limited

Tel. [phone]

Important Information

The information in this announcement should be read in conjunction with the full text of the Circular. Capitalised terms used in this announcement shall, unless the context otherwise requires, bear the meaning given to them in the Circular.

This announcement and the information contained herein is not for publication, release or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or South Africa or any jurisdiction in which the same would be unlawful.

This announcement is for information purposes only and does not constitute an invitation to tender shares or otherwise acquire or dispose of securities in the Company in any jurisdiction.

Numis Securities Limited ("Numis"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting for the Company and is acting for no-one else in connection with any tender offer declared by the Company and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in relation to any tender offer by the Company or any other matter referred to herein. To the fullest extent permitted by law recipients agree that Numis shall not have any liability (direct or indirect) for or in connection with this announcement or any matters arising out of or in connection herewith. Numis has not authorised the contents of, or any part of, this announcement.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 04, 2017 02:00 ET (06:00 GMT)