Tender Offer results
June 22 2009 - 9:08AM
UK Regulatory
TIDMFCAP
RNS Number : 2828U
FRM Credit Alpha Limited
22 June 2009
FRM Credit Alpha Limited (the 'Company')
Tender Offer - update
The Company announces that following the Closing Date for the Tender Offer, a
total of 68,460,296 shares were validly tendered.
As a result, the Basic Entitlement of 20% for all Shareholders who have validly
tendered their shares will be accepted in full and excess tenders will be
satisfied to the extent of approximately 2.29 per cent. of the excess shares
tendered. A total of 16,533,349 shares will be bought back through the tender
offer.
Share certificates are expected to be despatched and TFE instructions are
expected to be issued for shares unsuccessfully tendered by the close of
business on 26 June 2009.
A further announcement will be made in respect of the Tender Price and the
expected date for repayment of tender proceeds.
Enquiries
Mark Shaw
Financial Risk Management Limited
020 7968 6141
Jane Lewis
Winterflood Investment Trusts
020 3100 0295
This information is provided by RNS
The company news service from the London Stock Exchange
END
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