CQS Rig Finance Fund Limited Statement Re Proposed Members' Voluntary Liquidation

 
TIDMRIG 
 
 
   For release on 20 May 2014 
 
   CQS RIG FINANCE FUND LIMITED (the "Company") 
 
   (a closed-ended investment company incorporated in Guernsey with 
registration number 45805) 
 
   The Board announces that it has been informed by the Company's largest 
shareholders, CQS (UK) LLP, CQS Asset Management Limited and CQS Cayman 
LP, who together hold 65.54 per cent. of the share capital of the 
Company, that they would support a shareholder voluntary liquidation of 
the Company. 
 
   Accordingly the Board will be making arrangements to convene an 
extraordinary general meeting of shareholders to consider proposals to 
cancel its admission to trading on AIM, to place the Company into 
members' voluntary liquidation and thereafter to realise the Company's 
assets and facilitate the return of available cash to shareholders. 
 
   A circular containing full details of the proposals and setting out the 
timetable for the return of capital will be posted to shareholders in 
due course. 
 
   Enquiries: 
 
   Alastair Moreton/Hannah Young/Darren Vickers 
 
   NOMAD and Broker 
 
   Westhouse Securities Limited 
 
   Tel: [phone] 
 
   Secretary 
 
   Kleinwort Benson (Channel Islands) Fund Services Ltd 
 
   Tel: [phone] 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: CQS Rig Finance Fund Ltd via Globenewswire 
 
   HUG#1787004 
 
 
  http://www.cqsrigfinance.com/