Publication of circular

 

TIDMBRAL 
 
RNS Number : 6833L 
Bramdean Alternatives Limited 
11 May 2010 
 

Final 
                          Bramdean Alternatives Limited 
                            Publication of circular 
The Board of Bramdean Alternatives Limited has published a circular containing 
full details of the following proposals which have previously been announced: 
(a)     to change the name of the Company to Aberdeen Private Equity Fund 
Limited, consistent with the appointment of Aberdeen Asset Managers Limited as 
the Company's investment manager in November last year; 
(b)     to refine the investment objective and policy of the Company, reflecting 
a focus on private equity funds rather than a hybrid objective of investing in 
private equity and hedge funds; 
(c)     to convert all of the Company's US Dollar shares into Sterling shares, 
thereby simplifying the Company's capital structure; and 
(d)     to approve the waiver, which has been granted by the Panel on Takeovers 
and Mergers, of the obligation that would otherwise arise on Elsina Limited (the 
Company's largest shareholder) to make a general offer to shareholders pursuant 
to Rule 9 of the City Code as a result of the share conversion proposal in (c) 
or in consequence of the Company repurchasing its own shares. 
These proposals will be put forward for consideration by shareholders at an 
extraordinary general meeting and by the US Dollar shareholders at a separate 
class meeting, both to be held in Guernsey on 3 June 2010. 
A copy of the circular has been submitted to the UK Listing Authority and will 
be available for inspection at the UK Listing Authority's Documents Viewing 
Facility, which is situated at: 
 
Financial Services Authority 
25 The North Colonnade 
Canary Wharf 
London 
E14 5HS 
 
Telephone - 020 7066 1000 
Bramdean Alternatives Limited 
Jonathan Carr, Chairman, 01242 890287 
Aberdeen Asset Management 
James Thorneley, Aberdeen Asset Management, 020 7463 
6323 
 Neil Bennett/Charlotte Walsh, Maitland, 020 7379 5151 
Matrix Corporate Capital LLP 
Paul Fincham/Robert Naylor, 020 3206 7175 
End. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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