OIG Oryx International Growth Fund Ltd

RNS Number:2086Q
American Opportunity Trust PLC
26 January 2007



For immediate release 26 January 2007

American Opportunity Trust PLC

Not for release, publication or distribution, in whole or in part, in or into
any jurisdiction where to do so would constitute a violation of the relevant
laws of such jurisdiction.



Recommended merger of Oryx International Growth Fund Limited ("Oryx") with
American Opportunity Trust PLC ("AOT") by way of scheme of arrangement

AOT announces that at its Extraordinary General Meeting held today, Friday 26
January 2007, the resolution to approve the proposed merger of AOT with Oryx was
duly passed.  In addition, at the Court Meeting of AOT Shareholders which was
also held today, the resolution to effect the proposed merger by way of a scheme
of arrangement was duly passed.

Subject, inter alia, to approval of the Scheme at the Court hearing scheduled
for 22 February 2007, it is expected that the Effective Date for the Scheme will
be 23 February 2007 with dealings in the New Oryx Ordinary Shares to be issued
to AOT Shareholders expected to commence on 26 February 2007.  The New Oryx
Ordinary Shares will rank pari passu with existing Oryx Ordinary Shares in all
respects.  The last day of dealings in AOT Shares is expected to be 22 February
2007.

It is expected that Oryx will announce on the Effective Date the number of New
Oryx Ordinary Shares that AOT Shareholders will receive for every 1,000 AOT
Shares that are held by AOT Shareholders.

Terms used in this announcement have the same meaning as in the documents sent
to shareholders issued by Oryx and AOT on 21 December 2006.

Enquiries:

American Opportunity Trust PLC
Alex Hammond-Chambers (Chairman)                             07831 268 330



Zeus Capital Limited (financial advisers to AOT)             020 7965 0755
Glen Cooper


Zeus Capital Limited which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting exclusively for AOT and no one else
in connection with the merger and will not be responsible to any other person
for providing the protections afforded to clients of Zeus Capital Limited or for
providing advice in relation to the merger or the contents of this announcement.
Zeus Capital Limited is not making any representation or warranty, express or
implied, as to the contents of this announcement.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

REGUNSARBKRAUAR

Oryx International Growth (LSE:OIG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Oryx International Growth (LSE:OIG)
Historical Stock Chart
From Jul 2023 to Jul 2024