REG - Dunedin Enterprise - GM - Announcement of Suspension Timetable

Dunedin Enterprise Investment TrustAnnouncement

19/12/2024 15:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241219:nRSS8184Qa&default-theme=true

RNS Number : 8184Q  Dunedin Enterprise Inv Trust PLC  19 December 2024

19 December 2024

Dunedin Enterprise Investment Trust PLC

 

Legal Entity Identifier: 213800E2VLUZ5AF9Z434

 

Updated Timetable

 

Further to the announcement published by Dunedin Enterprise Investment Trust
PLC (the "Company") on 3 December 2024, the Company confirms that the expected
timetable has been updated.  In the event shareholders approve of the Board's
recommended proposals to place the Company into members voluntary liquidation
and appoint Gareth Rutt Morris and Jonathan Dunn (both licensed insolvency
practitioners of FRP Advisory Trading Limited) as joint liquidators of the
Company (the "Proposals") at the general meeting convened for 10 a.m. on 6
January 2024 at 16 Charlotte Square, Edinburgh EH2 4DF (the "General
Meeting"), the Company will no longer apply for its listing on the Official
List and from trading on the London Stock Exchange (the "Listing") to be
cancelled at 8.00 a.m. on 7 January 2025.  If shareholders approve of the
Proposals, the Company's shares are expected to remain suspended from Listing
until, at least, after the payment of the first cash distribution to
shareholders and, as such, should continue to be "qualifying investments" for
ISA purposes.  Shareholders are strongly recommended to consult their
professional advisers regarding their own tax position and their own ISA
provider in advance of the General Meeting.

 

The updated timetable is set out below

 

 Last day of dealing in the Shares through CREST on a normal rolling two day    30 December 2024
 settlement basis
 Deadline for receipt of Forms of Proxy                                         10 a.m.  on 2 January 2025
 Close of Register and record date for participation in the members' voluntary  6.00 p.m. on 3 January 2025
 liquidation
 Suspension of Shares from listing on the Official List and from trading on      7.30 a.m. on 6 January 2025
 the London Stock Exchange
 General Meeting                                                                10 a.m. on 6 January 2025
 Appointment of Liquidators                                                     6 January 2025
 First cash distribution to Shareholders*                                       On or around 29 January 2025
 *Actual date to be determined by the Liquidators.
 All references to time in this document are to UK time. The above times and/or
 dates may be subject to change and, in the event of such change, the revised
 times and/or dates will be notified to Shareholders by an announcement
 through a Regulatory Information Service.
 All references to times in this Circular are to London (UK) times.

Capitalised terms used and not defined in this announcement have the meanings
given to them in the Circular.

 

 Dunedin LLP (Secretary)
 § Graeme Murray          07813138367

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FURTLBATMTTBBBI