Qatar Investment Fund - Tender Offer
Corporate action reference: 201601578
Please note we must be in receipt of your instruction by 8 November 2016
Record Date 25 October 2016
Tender offer, to be effected by Panmure Gordon, with holders having a basic tender entitlement of 12% of their holding. The tender price will reflect a 1% discount to Formula Asset Value per share, being Net Asset Value less costs of undertaking the offer.
Holders can tender more than 12% of holdings with excess tenders only satisfied to the extent that other holders do not tender their full basic entitlements.
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.
Settlement will be in US Dollars therefore proceeds will be converted into Sterling using the prevailing Exchange Rate at the time of receipt of funds.
If you would like further information about the terminology used in this notification, please visit our Ask a Question site
Option 1: Tender - Basic Entitlement
Option 2: Oversubscribe
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We will aim to update your account within five 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.