Conversion of Euro Shares (6068B)
April 19 2012 - 1:00AM
UK Regulatory
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RNS Number : 6068B
Carador Income Fund PLC
19 April 2012
Carador Income Fund plc
19 April 2012
Conversion of Euro Shares
The directors of Carador Income Fund plc (the "Company") have
determined that the conditions for continued listing of the Euro
Shares on the Official List will not be met following the
conversion of Euro Shares into U.S. Dollar Shares as of the NAV
calculation date of 30 March 2012. Accordingly the directors have
determined to exercise their powers under the Company's Articles of
Association to compulsorily convert the outstanding Euro Shares
into U.S. Dollar Shares. Such conversion shall take place subject
to any requirements of the UKLA. The conversion will be based on
the net asset value of each class of Shares as at 30 April 2012. A
further announcement regarding the conversion ratio, the date on
which conversion will be completed and the number of new U.S.
Dollar Shares to be issued on conversion is expected to be made in
late May2012.
Enquiries:
Ailish Taylor
State Street Fund Services (Ireland) Limited
Company Secretary
Tel: +353 776 0027
This information is provided by RNS
The company news service from the London Stock Exchange
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