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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Acmh Ltd | LSE:ACMH | London | Ordinary Share | KYG006011079 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9227F Absolute Capital Mgmt Holdings Ltd 18 October 2007 Absolute Capital Management Holdings Limited ("the "Company") Funds Update The Company announces that extraordinary general meetings of Absolute European Catalyst Fund Limited, Absolute Octane Fund Limited, Absolute Return Europe Fund Limited and Absolute East West Fund Limited have been called for 27 October 2007. The meetings will be held at the Courtyard Marriott Hotel, West Bay Road, Grand Cayman, Cayman Islands on 27 October 2007 commencing at 10:00am (Cayman Islands time). Notices of meeting and proxy materials were sent to fund shareholders by the funds' administrator, Fortis Prime Fund Solutions (IOM) Limited, on 17 October 2007. The purpose of the meetings is to consider and approve the proposed restructuring of the funds on the basis set forth in the circular sent to shareholders on 27 September 2007, and specifically, to approve the modification of shareholder rights which will result from the implementation of the restructuring. As announced by the Company on 15 October 2007, the meetings have been necessitated as a result of the orders of the Grand Court of the Cayman Islands dated 10 October 2007 and related undertakings given by these funds in respect of petitions filed by Mr. John Bruhl, a shareholder of the Absolute European Catalyst Fund Limited and the Absolute Octane Fund Limited. As the approval of the restructuring proposals will now be put to a vote at the meetings requiring 75% to vote in favour, the consent form process set out in the 27 September 2007 circulars sent to investors in the Absolute European Catalyst Fund Limited, Absolute Octane Fund Limited Absolute Return Europe Fund Limited and Absolute East West Fund Limited will be discontinued in respect of these funds. Investors in the Absolute Octane Fund L.P. and the Absolute East West Fund L.P. are however being requested to complete the consent forms as this process remains the operative form of approval in respect of the limited partnership funds. The Company wishes to thank those investors who have submitted consent forms for their prompt action and support and regrets that the further action is now required to approve the proposals. The Company is encouraged by the indications of support received for the proposed fund restructuring and expects that fund shareholders will vote to approve the restructuring proposals at the forthcoming meetings. Enquiries: Absolute Capital Management +34 (971) 765553 Holdings Limited Jonathan Treacher, CEO Panmure Gordon 020 7459 3600 Dominic Morley Cardew Group 020 7930 0777 Tim Robertson Shan Shan Willenbrock David Roach This information is provided by RNS The company news service from the London Stock Exchange END MSCOKFKQABDKKKD
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