BRAL Bramdean �

 

TIDMBRAL 
 
RNS Number : 9920J 
Bramdean Alternatives Limited 
09 April 2010 
 

Bramdean Alternatives Limited (the "Company") 
 
On 9 March 2010 the Company announced restructuring proposals including, among 
others, a proposal to convert all of the Company's US Dollar Shares into 
Sterling shares, thereby simplifying the Company's capital structure (the 
"Proposal"). 
 
A circular will be published shortly, containing full details of the Proposal 
and convening an extraordinary general meeting at which shareholders will be 
able to vote on the proposals. The extraordinary general meeting is expected to 
be held approximately four weeks after publication of the circular. 
 
Shareholders in the Company are entitled, at the Board's discretion, to elect to 
convert their shares of one class into another class on the last business day of 
April and October in each year. The Board has resolved, pursuant to its 
discretion that, because the Proposal is likely to be voted on and, if approved, 
implemented shortly after the end of April, it is appropriate to delay the 
conversion mechanism on this occasion pending the outcome of the extraordinary 
general meeting. 
 
If the Proposal is not approved at the extraordinary general meeting, the Board 
intends to make proposals to enable shareholders to elect for a share conversion 
as soon as practicable following the extraordinary general meeting. 
 
ENDS 
Contacts: 
 
Aberdeen Asset Management 
James Thorneley, Aberdeen Asset Management, 020 7463 6323 
Neil Bennett/Charlotte Walsh, Maitland, 020 7379 5151 
 
Matrix Corporate Capital LLP 
Paul Fincham/Rob Naylor, 020 3206 7175 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCSSUFIUFSSESL 
 

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