RNS Number : 4206H
HANetf ICAV
19 March 2024
 

 

19 March 2024 

 

 

 

HANetf ICAV (the ICAV)

HANS-GINS Cloud Technology Equal Weight UCITS ETF (the Merging Fund)

HANS-GINS Tech Megatrend Equal Weight UCITS ETF (the Receiving Fund)

 

Notice of Result of an Extraordinary General Meeting of the Merging Fund

 

Dear Shareholder

 

We are writing to inform you that the following special resolution was passed at an Extraordinary General Meeting of the Merging Fund held on 18 March 2024 at 10:00am:

 

1. That the Merger, the terms of which are set out in a circular dated 26 February 2024 (the Circular) produced to the Meeting to provide for the transfer of the assets and liabilities of the Merging Fund to the Receiving Fund in consideration of Shareholders of the Merging Fund on the register of Shareholders of the Merging Fund on the date of implementation of the Merger being issued Shares in the Receiving Fund in accordance with the terms of the Circular, be and is hereby approved on the terms set out in the Circular (including the terms as to the deemed redemption of Merging Fund Shares and deemed issue of Shares in the Receiving Fund), and that the Directors of the ICAV be and are hereby authorised, on behalf of the Merging Fund, to do any act or thing, requisite or desirable, in the opinion of the Directors, for the purpose of carrying the Merger into effect.

 

The Merger is scheduled to take place on Thursday, 28 March 2024.

 

Merging Fund Shareholders who do not wish to take part in the Merger, may request a redemption of their shares held in the Merging Fund by 4.30pm on Wednesday, 27 March 2024 (the Merger Dealing Deadline), otherwise such shares will automatically form part of the Merger.

 

Shareholders who do not request a redemption of their shares held in the Merging Fund prior to the Merger Dealing Deadline will be issued with shares in the Receiving Fund under the Merger in exchange for their shares in the Fund without any further action on their part.

 

Shareholders in the Receiving Fund who are not in favour of the Merger may also request a redemption of their Shares in the Receiving Fund prior to the Merging Dealing Deadline. In the event that redemption requests are received from a Shareholder of the Receiving Fund after the Merging Dealing Deadline, such requests will be treated as a normal repurchase request.

 

Should you have any questions in relation to the above, please do not hesitate to contact HANetf Management Limited at info@hanetf.com.

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