![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gart.Irish | LSE:GIR | London | Ordinary Share | GB0006152002 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 755.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGIR 25 February 2011 GARTMORE IRISH GROWTH FUND PLC (THE "COMPANY") PUBLICATION OF CIRCULAR Further to the announcement made by the Company on 21 December 2010, the Company has today issued a circular (the "Circular") to its shareholders ("Shareholders") in connection with recommended proposals for the winding up and reconstruction of the Company (the "Proposals"). The Proposals Under the Proposals, which will be effected by way of a scheme of reconstruction of the Company under section 110 of the Insolvency Act 1986, Shareholders will be able to elect: * to realise all or some of their investment in the Company for cash (the "Cash Option"); or * to roll over all or some of their investment into shares in the Threadneedle Pan European Smaller Companies Fund (the "Threadneedle Rollover Option"). The Threadneedle Pan European Smaller Companies Fund is a sub-fund of Threadneedle Investment Funds, a UK authorised open-ended investment company which is also recognised by the Central Bank of Ireland as eligible to be marketed in the Republic of Ireland. Because the Board is not able to offer Shareholders the opportunity to roll their investment into an investment trust with the same policy as that of the Company, the Board has determined that Shareholders who do not elect for the Threadneedle Rollover Option should receive cash. Shareholders who do not make a valid Election will be deemed to have elected for the Cash Option in respect of their entire holding of Shares. Shareholders who have a registered address (or who are resident in or citizens of jurisdictions) outside the United Kingdom, the Republic of Ireland, the Channel Islands and the Isle of Man will also be deemed to have made an election for cash unless they are able to satisfy the Company and the Threadneedle ACD that they are permitted to hold Threadneedle Fund Shares without breaching the laws of any relevant jurisdictions. The Circular contains details of the action which Shareholders should take in order to make elections under the Proposals. Final interim dividend The Company intends to pay a final interim dividend to the extent required to comply with its approval as an investment trust under section 1158 of the Corporation Tax Act 2010. The Board will announce the level of the Final Interim Dividend in due course and it will be paid prior to the Scheme becoming effective. General Meetings The implementation of the Proposals will require Shareholders to vote in favour of resolutions to be proposed at general meetings of the Company (the "General Meetings") which have been convened for 12.30 p.m. on 22 March 2011 and 9.30 a.m. on 30 March 2011. The notices convening the General Meetings, which set out in full the terms of the resolutions which are to be proposed, are set out in the Circular. The General Meetings will be held at the offices of Gartmore Investment Limited, Gartmore House, 8 Fenchurch Place, London EC3M 4PB. Expected Timetable 2011 Expected ex-dividend date for final interim 9 March dividend Expected record date for final interim dividend 11 March Latest time and date for receipt of Voting 5 p.m. on 14 March Direction Forms and Letters of Election from Savings Scheme Participants Date from which it is advised that dealings in 18 March Shares should only be for cash settlement and immediate delivery of documents of title Latest time and date for receipt of Forms of 12.30 p.m. on 18 March Election or TTE Instructions (for the Threadneedle Rollover Option only) from Shareholders Latest time and date for receipt of Forms of 12.30 p.m. on 18 March Proxy from Shareholders in respect of the First General Meeting Shares disabled in CREST* 6.00 p.m. on 18 March First General Meeting 12.30 p.m. on 22 March Final interim dividend expected to be paid to 22 March Shareholders Record Date for the calculation of close of business on 22 March Shareholders' entitlements under the Scheme Shares reclassified as Reclassified Shares in 8.00 a.m. on 23 March the Official List and dealings in Reclassified Shares commence** Latest time and date for receipt of Forms of 9.30 a.m. on 28 March Proxy from Shareholders in respect of the Second General Meeting Calculation Date close of business on 29 March Listing of Reclassified Shares on the Official 7.30. a.m. on 30 March List suspended Second General Meeting 9.30 a.m. on 30 March Effective Date for implementation of the Scheme 30 March and commencement of the liquidation Dealings in Threadneedle Fund Shares commence 31 March Contract notes in respect of Threadneedle Fund 31 March Shares issued under the Scheme despatched to (or as soon as practicable Shareholders entitled thereto thereafter) Cheques expected to be despatched and CREST week commencing 4 April payments made to Shareholders in respect of cash elections under the Scheme Cheques expected to be despatched and CREST week commencing 11 April payments made to Savings Scheme Participants in respect of cash elections under the Scheme Cancellation of listing of Reclassified Shares 8 a.m. on 30 March 2012 on the Official List** * For the avoidance of doubt, the Company's register of members will remain open until the Effective Date. ** Reclassified Shares are a technical requirement of the Scheme and will be created if the resolutions to be proposed at the First General Meeting are passed and become effective. Each of the times and dates in the expected timetable may be extended or brought forward without further notice. If any of the above times and/or dates change, the revised time(s) and/or date(s) will be notified to Shareholders by an announcement through a Regulatory Information Service provider. Words and expressions defined in the Circular have the same respective meanings in the above expected timetable. A copy of the Circular will shortly be submitted to the National Storage Mechanism and will shortly be available for inspection at http:// www.hemscott.com/nsm.do Enquiries: Harry Sheridan Gartmore Irish Growth Fund Tel: +353 862 53 7681 (Chairman) PLC Robin Archibald Winterflood Investment Tel: +44 (0)20 3100 0290 Trusts END
1 Year Gart.Irish Chart |
1 Month Gart.Irish Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions