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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aida FD Eur | LSE:AIDE | London | Ordinary Share | GG00B1KBGP61 | EURO ORD SHS USD0.025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.165 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAIDP TIDMAIDU TIDMAIDE RNS Number : 9069X Aida Fund Limited 24 August 2009 The Aida Fund Limited (the "Company") 24 August 2009 Recommended proposals for the restructuring of the Company Result of class meetings and extraordinary general meeting In the circular to shareholders dated 4 August (the "Circular") the board of directors of the Company recommended a range of proposals to restructure the Company including the establishment of an open-ended master fund. Class meetings for the Euro and Sterling shareholders and an extraordinary general meeting of the Company ("EGM") were convened for 24 August 2009. The resolutions proposed as special resolutions at the class meetings of Euro and Sterling shareholders and at the EGM held today have been duly passed. These resolutions have effected (a) a change to the Company's investment policy; (b) the adoption of revised articles of incorporation to provide, amongst other things, for the conversion of Euro and Sterling denominated Ordinary Shares into US Dollar denominated Ordinary Shares; (c) a change to the name of the Company; and (d) a capital reorganisation of the Company. A prospectus for the open-ended fund and an application form to exchange shares in the Company for shares in the open-ended fund will shortly be sent to shareholders who have returned a completed Indication of Interest Form to the Company and who have satisfied the Company that they are eligible to invest in the open-ended fund. Shareholders who believe that they are eligible to invest in the open-ended fund and wish to do so are urged to complete and return the Indication of Interest Form as soon as possible. Further details of the implementation of the proposals including the timing thereof will be provided at the time of posting of the open-ended prospectus. For further information please contact: Aida Capital Limited 020 7600 7500 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. Copies of the special resolutions have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at: Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Tel. 020 7066 1000 This information is provided by RNS The company news service from the London Stock Exchange END REGPIMJTMMJTBIL
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