Conversion Between Classes, Cancellation of Shares & Admission of New Shares
13/07/2009 7:00am
UK Regulatory
TIDMTOPE
MW TOPS Limited (the "Company")
13 July 2009
Conversion Between Classes, Cancellation of Shares & Admission of New
Shares
Conversion requests
The table below summarises the aggregate number of shares of each
class in relation to which the Company has received requests to
convert such shares into shares of another class with effect from 30
June 2009 (the "Conversion Calculation Date").
From US$ Shares to EUR Shares : 20,000
From EUR Shares to GBP Shares : 115,700
Conversion ratios
The net asset values per share of each class as at the Conversion
Calculation Date were as follows:
EUR9.71 in the case of Euro Shares
GBP9.83 in the case of Sterling Shares
$9.58 in the case of US$ Shares
The spot currency conversion rates as at the Conversion Calculation
Date were as follows:
EUR1:GBP 0.8517, EUR1: US$ 1.4026, GBP1: EUR1.1745, GBP1: US$1.6468, US$1:
EUR0.7129, US$1:GBP0.6072
On the basis of the above, the conversion ratios were as follows:
0.7034 Euro Shares for every one US$ Share
0.8413 Sterling Shares for every one Euro Share
0.5918 Sterling Share for every one US$ Share
1.4217 US$ Shares for every one Euro Share
1.6898 US$ Shares for every one Sterling Share
1.1886 Euro Shares for every one Sterling Share
Results of conversion
With effect from 14 July 2009, the issued share capital of the
Company will be as follows:
Euro Shares: 6,170,459
Sterling Shares: 6,917,934
US$ Shares: 1,542,634
Admission of new shares
Application has been made for 97,337 Sterling Shares to be listed on
London Stock Exchange. It is expected that such listing will become
effective and that dealings in such shares will commence on 14 July
2009.
Enquiries to:
Anson Fund Managers Limited
Secretary
Tel: +44 (0) 1481 722 260
This announcement is for information purposes only and is not an
offer to invest. The Company is registered with the Dutch Authority
for the Financial Markets as a collective investment scheme which may
offer participations in The Netherlands pursuant to article 2:66 of
the Financial Markets Supervision Act (Wet op het financieel
toezicht). All investments are subject to risk. Past performance is
no guarantee of future returns. Prospective investors are advised to
seek expert legal, financial, tax and other professional advice
before making any investment decision. The value of investments may
fluctuate. Results achieved in the past are no guarantee of future
results.
E&OE - in transmission
END OF ANNOUNCEMENT
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