CQS Diversified Fund Limited Conversion of Securities (3867T)
November 19 2013 - 5:18AM
UK Regulatory
TIDMCQS TIDMCQSU
RNS Number : 3867T
CQS Diversified Fund Limited
19 November 2013
CQS Diversified Fund Limited (the "Company")
CONVERSION BETWEEN SHARE CLASSES & 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 the other class with effect
from 31 October 2013 (the "Conversion Day").
From Sterling Shares to US Dollar Shares 150,000
Conversion ratios
The net asset value per share of each class as at the Conversion
Day was as follows:
GBP1.1219 in the case of Sterling Shares
$1.1163 in the case of US Dollar Shares
Spot conversion rate to be used for the Conversion, as at the
Conversion date:
GBP/USD: 0.62338
On the basis of the above, the conversion ratios are as
follows:
1.6122 US Dollar Shares for every one Sterling Share
From US Dollar Shares to Sterling Shares 188,437
Conversion ratios
The net asset value per share of each class as at the Conversion
Day was as follows:
GBP1.1219 in the case of Sterling Shares
$1.1163 in the case of US Dollar Shares
Spot conversion rate to be used for the Conversion, as at the
Conversion date:
USD/GBP: 0.62338
On the basis of the above, the conversion ratios are as
follows:
0.6203 Sterling Shares for every one US Dollar Share
Admission of new shares
Application has been made for 53,393 US dollar Shares to be
admitted to the Official List of the UK Listing Authority and to
trading on the London Stock Exchange. It is expected that such
listing will become effective and that dealings in such shares will
commence on 20 November 2013.
Results of conversion
With effect from 20 November 2013, the issued share capital of
the Company will be as follows:
Sterling Shares: 77,252,992
US Dollar Shares: 6,958,791
All shareholders have equal voting rights based on the number of
shares held. Accordingly, the total number of voting rights in the
Company is 84,211,783 and this figure may be used by shareholders
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in the Company under the FSA's Disclosure
and Transparency Rules.
19 November 2013
For further information about this announcement contact:
Secretary
Citco Fund Services (Guernsey) Limited
Douglas Mackay
Telephone (01481) 706796
This information is provided by RNS
The company news service from the London Stock Exchange
END
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