FCAP Finncap Group Plc

 

TIDMFCAP 
 
RNS Number : 9659R 
FRM Credit Alpha Limited 
08 May 2009 
 

The following replaces, in its entirety, the FRM Credit Alpha Limited Interim 
Management Statement released at 4.01pm on 7 May 2009, RNS No 8860R. The full 
amended text appears below. 
 
 
 
 
 
 
FRM Credit Alpha Limited 
 
 
Interim Management Statement 
For the period from 1 January 2009 to 8 May 2009 
 
 
 
 
8 May 2009 
 
 
 
This interim management statement covers the period from 1 January 2009 to 8 May 
2009. It has been produced for the sole purpose of providing information to the 
Company's Shareholders in accordance with the requirements of Directive 
2004/109/EC (the Transparency Directive). It should not be relied upon for any 
other purpose. 
 
 
 
 
Material Events and Transactions during the Period 
 
 
There have been no material events or transactions since 1 January 2009. There 
has been no material change in the business of the Company's operations. The 
Company's investment objectives, as set out in the prospectus dated 5 November 
2007, and the nature of investments which were acquired by the Company in order 
to achieve the investment objectives have not changed materially. 
 
 
On 29 April 2009, the Company published a circular relating to a tender offer 
for up to 20 per cent. of its Shares in issue at the 30 June 2009 Net Asset 
Value per Share.  The tender is expected to be paid by 30 September 2009. 
Following the completion of the tender offer, the Directors propose to replace 
the existing tender offer provisions with an annual redemption facility, to be 
offered at the absolute discretion of the Directors. 
 
 
The Company has no controlled undertakings. 
 
 
Financial Position and Performance 
 
 
The table below sets out the most recent net asset value per share information. 
 
 
+------------------------+------------------------+------------------------+ 
|      Share Class       |     NAV per Share      |    Valuation Date      | 
|                        |                        |                        | 
+------------------------+------------------------+------------------------+ 
|        Sterling        |      89.9 pence        |     31 March 2009      | 
|                        |                        |                        | 
+------------------------+------------------------+------------------------+ 
 
 
 
 
 
 
 
This announcement has been issued through the Companies Announcement Service of 
The Irish Stock Exchange 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ISECKFKBQBKDDPK 
 

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