Doc re. Tender Offer Circular

RNS Number : 9103S

Pacific Horizon Investment Tst PLC

29 September 2014

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.

29 September 2014

PACIFIC HORIZON INVESTMENT TRUST PLC     

Tender offer circular

Further to the announcement by the Company on 8 August 2014, a circular explaining the terms and conditions of the tender offer for up to five per cent. of the Company's shares and the procedure for tendering shares (the "Circular") has today been sent to shareholders. 

A copy of the Circular will shortly be available from the Company's website www.pacifichorizon.co.uk or from the National Storage Mechanism http://www.morningstar.co.uk/uk/NSM.

Expected Timetable	2014
Record Date for Tender Offer	close of business on 13 August
Latest time and date for receipt of Baillie Gifford Savings Plan Tender Forms	5.00 p.m. on 20 October
Latest time and date for receipt of Tender Forms and TTE Instructions in CREST from Shareholders	5.00 p.m. on 23 October
Tender Price Calculation Date	close of business on 24 October
Results of Tender Offer and Tender Price announced	28 October
Settlement Date: payments through CREST made and CREST accounts settled	30 October
Balancing share certificates and cheques dispatched to certificated shareholders	on or around 3 November
Cheques despatched to Baillie Gifford Savings Plan Participants	week commencing 3 November

All enquiries:

Baillie Gifford & Co Limited, Company Secretaries

Gavin Young    Tel: [phone]

J.P. Morgan Cazenove

William Simmonds        Tel: [phone]

J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove ("J.P. Morgan Cazenove"), which is authorised and regulated by the Prudential Regulation Authority and by the Financial Conduct Authority in the United Kingdom, is acting exclusively for the Company and no-one else in connection with the tender offer and the contents of this announcement, and will not be responsible to anyone other than the Company for providing the protections afforded to clients of J.P. Morgan Cazenove nor for providing advice in connection with the tender offer and the contents of this announcement or any other matter referred to herein.

J.P. Morgan Cazenove is not responsible for the contents of this announcement.

 

END

 

 

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