Full details on the Highbridge Multi Strategy GBP corporate action, including instructions on how to participate, the options available to you, and any deadline applicable.
Highbridge Multi Strategy

Highbridge Multi Strategy - Tender Offer

Corporate action reference: 201601473

Please note we must be in receipt of your instruction by 12 October 2016.

EVENT TERMS

Record Date: 10 October 2016

Proposed tender offer for up to 20% of the shares in issue, subject to approval at an EGM to be held on 21 October 2016.

Holders can tender all or some of their shares at a rate to be determined. The maximum number of shares to be purchased is 20% of the issued share capital with holders having a basic entitlement to tender 20% of holdings.

Excess tenders may be subject to scaling back.

As you hold your shares with a nominee you may have your election scaled back by a greater or lesser percentage than you would if you held your shares in your own name.

Tender proceeds will be paid in tranches. The initial tranche is expected to be paid within 5 business days following 21 October 2016 with a second tranche expected to be paid by February 2017.

Subsequent tranches will be paid within 5 business days of realisation of assets

The Tender Offer will be void if less than 3% of the issued Ordinary shares are tendered.

If you would like further information about the terminology used in this notification, please visit our Ask a Question site

EVENT OPTIONS

Option 1: Tender - Basic Entitlement

Option 2: Tender - Oversubscribe

To reply to this event, please use the below link stating which option you would like to take.

Option 3: No Action (Default)

IF YOU WISH TO TAKE NO ACTION, OPTION 3, PLEASE DO NOT REPLY.

ADDITIONAL INFORMATION

We will aim to update your account within 5 business days of receiving the proceeds.

Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to participate in the offer.

By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.

Please note that this page does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.

If you are an ISA or SIPP client your options may differ.

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