Shareholder Circular posting and Notice of GM
TR PROPERTY INVESTMENT TRUST PLC (the "Company")
Proposed Conversion of Sigma Shares into Ordinary Shares
Introduction
Further to the Company's announcement on 26 September in relation to the proposed conversion of Sigma Shares into Ordinary Shares and a merger of the underlying portfolios, the Company has today published a circular and Notice of General Meeting and Class Meetings of Shareholders to be held on 14 December 2012.
The circular sets out further details of the proposed conversion, details of the expected benefits of the proposals for Shareholders and a recommendation from the Directors of the Company that Shareholders vote in favour of the resolutions at the General Meeting and Class Meetings.
The circular will be available for inspection at the National Storage Mechanism which is located at www.morningstar.co.uk/uk/NSM and on the Company's website www.trproperty.com
The deadline for receipt of Forms of Proxy for shareholders to vote is 10.30 a.m. on 12 December (and 10.30 a.m. on 10 December for Forms of Direction for investors who hold their Shares through the Alliance Trust Savings Plan). To ensure that the class meetings are quorate the Board would like to encourage all Shareholders to return their Forms of Proxy and Forms of Direction for both the General Meeting and the relevant Class Meetings ahead of this time.
Expected Timetable
Latest time and date for receipt of Forms of Direction 10.30 a.m. on 10 December
Latest time and date for receipt of Forms of Proxy for
the General Meeting and Class Meetings 10.30 a.m. on 12 December
Calculation Date for Conversion Ratio 12 December
General Meeting 10.30 a.m. on 14 December
Class Meetings Following the General Meeting
Announcement of Conversion Ratio and results of the
General Meeting and Class Meetings 14 December
Record date for Conversion Close of business on 14 December
Dealings in Sigma Shares suspended 7.30 a.m. on 17 December
Dealings commence in new Ordinary Shares arising
on Conversion 8 a.m. on 17 December
Cancellation of listing of Sigma Shares 8 a.m. on 18 January
Contact:
Chris Lunn, Cenkos Securities 0207 397 1912
Dion Di Miceli, Cenkos Securities 0207 397 1921
Marcus Phayre-Mudge, Thames River Capital 0207 360 1331
This information is provided by RNS
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