Fidelity AsianValues Subscription Shares and Subscription Price

 
TIDMFAS 
 
Fidelity Asian Values PLC (the "Company") 
 
                  Subscription shares and subscription price 
 
5 December 2016 
 
Subscription Price 
 
In connection with the Bonus Issue of Subscription Shares as detailed in the 
Company's Prospectus dated 26 October 2016, the Subscription Price is equal to 
the published unaudited NAV per Ordinary Share as at 5.00 p.m. on 2 December 
2016, plus a premium depending upon the year in which they are exercised. 
Accordingly, the Subscription Price will be as follows: 
 
  * if Subscription Shares are exercised to have effect on the last Business 
    Day in November 2017, 370.75 pence, being a 1 percent premium to the NAV on 
    2 December 2016, rounded up to the nearest quarter penny; 
 
  * if Subscription Shares are exercised to have effect on the last Business 
    Day in November 2018, 381.75 pence, being a 4 percent premium to the NAV on 
    2 December 2016, rounded up to the nearest quarter penny; and 
 
  * if Subscription Shares are exercised to have effect on the last Business 
    Day in November 2019, 392.75 pence, being a 7 percent premium to the NAV on 
    2 December 2016, rounded up to the nearest quarter penny; 
 
The NAV for the purpose of calculating the Subscription Price is the unaudited 
value of the Company's assets calculated in accordance with the Company's 
accounting policies (including revenue items for the current financial year) 
less all prior charges and other creditors at their fair value (including the 
costs of the Bonus Issue). 
 
Allotment of Subscription Shares 
 
The Board has today allotted 13,497,222 Subscription Shares. 
 
Application has been made for admission of such Subscription Shares to the 
Official List and to trading on the main market of the London Stock Exchange. 
Dealings are expected to commence at 8.00 a.m. on 6 December 2016. 
 
Following admission of these Subscription Shares there will be 67,488,213 
Ordinary Shares and 13,497,222 Subscription Shares in issue. No shares are held 
in treasury. 
 
The dealing codes for the Subscription Shares will be as follows: 
 
ISIN: GB00BDQZFV55 
 
SEDOL: BDQZFV5 
 
Ticker: FASS 
 
Timetable 
 
Crediting of CREST stock accounts in respect of the Subscription Shares: 6 
December 2016 
 
Share certificates despatched in respect of the Subscription Shares: week 
commencing 19 December 2016 
 
Your attention is drawn to the "Definitions" section of the Prospectus dated 26 
October 2016 in respect of the terms used in this announcement. 
 
For further information please contact: 
 
FIL Investments International          +44 (0)1737 837846 
Natalia De Sousa 
 
Stifel Nicolaus Europe Limited         +44 (0)20 7710 7600 
Neil Winward 
Mark Bloomfield 
Gaudi Le Roux 
 
 
 
END

(END) Dow Jones Newswires

December 05, 2016 09:28 ET (14:28 GMT)

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