EGM re Pre-emption rights.

RNS Number : 0201D

BlueCrest AllBlue Fund Ltd

24 November 2009

 



BlueCrest AllBlue Fund Limited

(the "Company")

Publication of Circular

The Company has today sent a circular to Shareholders (the "Circular") convening an Extraordinary General Meeting of the Company to be held on 10 December 2009 to consider the proposed  disapplication of the pre-emption rights contained in the Company's Articles of Association. 

The Articles of Association confer rights of pre-emption in respect of the allotment of Shares. These rights can be disapplied by Shareholders by way of a Special Resolution and the Company has historically sought and received such a disapplication. Any offer of Shares pursuant to such disapplication, whether by way of C Share issue or otherwise, will be on terms which are not dilutive to the prevailing net asset value attributable to existing Shareholders, unless further Shareholder approval is sought and obtained at the time.

A copy of the Circular has also been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

In addition, the Circular will also be available to view on the Company's website (www.bluecrestallblue.co.uk).

Tel. No. 020 7066 1000

The definitions used in this announcement are as set out in the circular to Shareholders dated 24 November 2009.

For further information please contact: 

Anson Fund Managers Limited 

Secretary 

Tel: [phone] 

24 November 2009

E&OE - in transmission

 

END

 

 

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