Proposed Members' Voluntary Liquidation

 

TIDMADU 
 
RNS Number : 4402H 
Advance UK Trust PLC 
22 February 2010 
 

 
22 February 2010 
                              ADVANCE UK TRUST PLC 
                    Proposed Members' Voluntary Liquidation 
Advance UK Trust PLC (the "Company") announces that on Friday 19 February 2010 
it posted a circular to its shareholders (the "Circular") which included a 
notice convening a general meeting of the Company at which a special resolution 
that the Company be wound up voluntarily is to be proposed (the "Resolution"). 
By virtue of the weighted voting rights contained in the Articles of Association 
of the Company (which provide that every Shareholder who votes in favour of the 
Resolution shall have 100 million votes for every share held) and on the basis 
that the Directors intend to vote in favour of the Resolution it is inevitable 
that the Resolution will be passed and the Company will be wound up voluntarily. 
The Register will be closed and the ordinary shares of the Company (the 
"Shares") will be disabled in CREST at the close of business on 12 March 2010 
and, to be valid, all transfers must be lodged before that time.  The last day 
for trading in Shares on the London Stock Exchange for normal settlement will be 
9 March 2010.  As from 10 March 2010 all dealings should be for cash settlement 
only and will be registered in the normal way if the transfer, accompanied by 
documents of titles, is received by the Company's registrar by 5 p.m. on 12 
March 2010.  The record date, being the date for determining which Shareholders 
are entitled to receive liquidation distributions is 5.30 p.m. on 12 March 2010. 
The admission to listing of the Shares on the Official List and to trading on 
the London Stock Exchange is expected to be suspended at 7.30 a.m. on 15 March 
2010 and cancelled no later than 8.00 on 14 March 2011. 
A copy of the Circular has been submitted to the UK Listing Authority, and will 
shortly be available for inspection at the UK Listing Authority's Viewing 
Facility, which is situated at: 
Financial Services Authority 
25 The North Colonnade 
Canary Wharf 
London 
E15 5HS 
Tel:  [phone] 
Enquiries: 
+----------------------------------+----------------------------------+ 
| Cavendish Administration Limited | 020 7490 4355                    | 
| John Luetchford                  |                                  | 
| Anthony Lee                      |                                  | 
|                                  |                                  | 
+----------------------------------+----------------------------------+ 
| Singer Capital Markets Limited   | 020 3205 7622                    | 
| Jos Trusted                      |                                  | 
| Richard Savage                   |                                  | 
+----------------------------------+----------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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