Results of EGM and Appointment of Liquidators
30/06/2010 11:35am
UK Regulatory
TIDMCROP
RNS Number : 5180O
Ceres Agriculture Fund Limited
30 June 2010
30 June 2010
CERES AGRICULTURE FUND LIMITED
Results of EGM and Appointment of Liquidators
Ceres Agriculture Fund Limited (the "Company") announces that the resolution
relating to the voluntary winding up of the Company proposed at the
Extraordinary General Meeting of the Company, held today, was passed. Trading of
the Company's shares on the London Stock Exchange ("LSE") and listing of the
shares on the Official List have been suspended, liquidators appointed and the
directors have resigned with immediate effect. Trading of the Company's shares
on the LSE and listing of its shares on the Official List will be cancelled with
effect from 8.00am on 1 July 2010.
The Company will therefore be wound up by means of a voluntary winding-up and
shareholders will have their investment in the Company distributed in accordance
with the proposals set out in the circular posted to shareholders on 10 June
2010.
+-----------------------------------+----------------------------+
| Timetable of Events | 2010 |
| | |
+-----------------------------------+----------------------------+
| Suspension of shares from trading | 7.30 a.m. on 30 June |
| on the LSE and suspension of the | |
| listing of the shares on the | |
| Official List | |
+-----------------------------------+----------------------------+
| Liquidators appointed | 30 June |
+-----------------------------------+----------------------------+
| Cancellation of shares from | 8.00 a.m. on 1 July |
| trading on the LSE and | |
| cancellation of the listing of | |
| the shares on the Official List | |
+-----------------------------------+----------------------------+
| Expected first cash distribution* | by 14 July |
+-----------------------------------+----------------------------+
| Expected final distribution | As soon as reasonably |
| | practicable |
+-----------------------------------+----------------------------+
* Cash distributions will be effected by crediting CREST accounts or by
dispatching cheques (where shares are held in certificated form) on the date of
the relevant distribution.
Further enquiries:
FourWinds Capital Management, Investment Manager
legal@fourwindscm.com
Cenkos Securities plc, Corporate Broker
Peter Hindmarsh +44 (0)20 7397 1983
Will Rogers +44 (0)20 7397 1920
HSBC Securities Services (Guernsey) Limited, Administrator
Tel: +44 (0) 1481 707 000
Citigate Dewe Rogerson, PR Advisor
Kevin Smith /Lindsay Noton +44 207 638 9571
The Company is a Guernsey domiciled Authorised Closed-ended investment scheme
pursuant to section 8 of the Protection of Investors (Bailiwick of Guernsey) Law
1987, as amended and rule 6.02 of the Authorised Closed-ended Investment Schemes
Rules 2008.
The ordinary shares of the Company ("Shares") have not been and will not be
registered under the US Securities Act of 1933, as amended ("Securities Act") or
the US Investment Company Act of 1940, or with any securities regulatory body or
any state or other jurisdiction in the United States and, subject to certain
exceptions, may not be offered or sold in the United States or to or for the
account or benefit of US persons (as such term is defined in Regulation S under
the Securities Act) absent registration under the Securities Act or an
applicable exemption from such registration. No public offering of any shares in
the Company is being, or has been, made in the United States.
FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE
POTENTIAL RISKS. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN
ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS AND IN ORDER TO INVEST IN THE
COMPANY. DO NOT TRADE OR INVEST WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS
ANNOUNCEMENT AND ITS CONTENTS ARE NEITHER A SOLICITATION NOR AN OFFER TO BUY OR
SELL FUTURES, STOCKS OR OPTIONS ON THE FUTURES OR OPTIONS MARKETS. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT OR INVESTMENT WILL OR IS LIKELY TO
ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED IN THIS ANNOUNCEMENT (IF
ANY). THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT
NECESSARILY INDICATIVE OF FUTURE RESULTS.
PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN
CONNECTION WITH POOLS WHOSE PARTICIPANTS ARE LIMITED TO QUALIFIED ELIGIBLE
PERSONS, AN OFFERING MEMORANDUM FOR THE COMPANY IS NOT REQUIRED TO BE, AND HAS
NOT BEEN FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION
DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A POOL OR UPON THE ADEQUACY OR
ACCURACY OF AN OFFERING MEMORANDUM. CONSEQUENTLY, THE COMMODITY FUTURES TRADING
COMMISSION HAS NOT REVIEWED OR APPROVED ANY OFFERING BY THE COMPANY OR ANY
OFFERING MEMORANDUM FOR THE COMPANY.
This information is provided by RNS
The company news service from the London Stock Exchange
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