Maturity and Redemption
December 18 2009 - 11:02AM
UK Regulatory
TIDMJAP
RNS Number : 4163E
Japanese Accelerated Perf Fund Ltd
18 December 2009
FOR IMMEDIATE RELEASE
Japanese Accelerated Performance Fund Limited (the "Company")
MATURITY AND REDEMPTION
On 18 December 2003 30,000,000 Participating Shares in the Company ("Shares")
were issued to Shareholders at a price of 100 pence per Share and the Shares
were admitted to listing on the Official List of the UK Listing Authority and
to trading on the London Stock Exchange on 18 December 2003.
The Company's investment objective is to provide Shareholders on the Redemption
Date with a Capital Amount of 100 pence per Share and a Growth Amount per Share
equal to five times any percentage increase in the Nikkei 225 Index over the
period from the Start Date to the End Date (the result being expressed in pence
and rounded down to the next whole pence), up to a maximum of 100 pence per
Share.
On 17 December 2009 the End Value (closing value of the Nikkei 225 Index) was
10,163.80, a rise of 0.7% from the Start Value (which was the closing value of
the Nikkei 225 Index on the Start Date of 17 December 2003) of 10,092.64. Under
the terms of the prospectus Shareholders are therefore due to receive a Final
Capital Entitlement of 103 pence per Share. The Company's investments are due
to mature and Shares are due for redemption on or around 22 December 2009, with
redemption proceeds expected to be paid to Shareholders shortly thereafter.
Redemption proceeds will be paid to all shareholders by cheque made payable to
the relevant holder or in the case of joint holders to such relevant joint
holders and sent at the risk of the holder(s) to the address of the holder or
first named joint holder as such appears in the Company's Register of Members.
If an alternative method of payment (at the expense of the holder(s)) is
desired, notice in writing of such alternative method from the registered
holder(s) must be received by the Company's Registrar and Paying Agent, Anson
Registrars Limited, by no later than noon on 21 December 2009. Anson Registrars
Limited's correspondence address is P.O. Box 426, Anson Place, Mill Court, La
Charroterie, St Peter Port, Guernsey GY1 3WX.
For further information contact:
Anson Fund Managers Limited
Secretary
Tel: Guernsey 01481 722260
Anson Registrars Limited
Registrar
Tel: Guernsey 01481 711301
18 December 2009
END OF ANNOUNCEMENT
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