Chenavari Toro Income Fund Limited Tender Reissuance Results (2395Q)
February 15 2019 - 6:00AM
UK Regulatory
TIDMTORO
RNS Number : 2395Q
Chenavari Toro Income Fund Limited
15 February 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW
ZEALAND OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION
THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION
CHENAVARI TORO INCOME FUND LIMITED (the "Company")
15 February 2019
Reissuance results
Further to the Reissuance of Treasury Shares launched by the
Company on 14 February 2019, the Company announces that 534,000
Treasury Shares have been issued at a price of EUR 0.7850.
Following the Reissuance and taking into account the Tender
Offer results where 8,625,732 Shares were validly tendered, the
remaining Shares in issue total 361,450,000, of which 42,413,583
Shares are held in treasury. Shares held in treasury carry no
voting rights, therefore the total number of voting rights in the
Company will be 319,036,417. This figure may be used by
shareholders and other investors as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
Chenavari Investment Managers: Guy Goyard - 020 7245 4672,
Kirstie Sumarno - 020 7259 3600
J.P. Morgan Cazenove: William Simmonds - 020 7742 4000
This announcement is not an offer to sell or a solicitation of
any offer to buy the securities of Chenavari Toro Income Fund
Limited (the "Company") in the United States, Australia, Canada,
Japan, or in any other jurisdiction where such offer or sale would
be unlawful.
This communication is not for publication or distribution,
directly or indirectly, in or into the United States of America.
This communication is not an offer of securities for sale into the
United States. The securities referred to herein have not been and
will not be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States,
except pursuant to an applicable exemption from registration. No
public offering of securities is being made in the United
States.
The information contained in this announcement is given at the
date of its publication (unless otherwise marked) and is subject to
updating, revision and amendment. In particular, the proposals
referred to herein are tentative and are subject to material
updating, revision and amendment. No reliance may be placed for any
purpose whatsoever on the information or opinions contained in this
announcement or on its completeness, accuracy or fairness.
The information in this announcement may include forward-looking
statements, which are based on the current expectations and
projections about future events and in certain cases can be
identified by the use of terms such as "may", "will", "should",
"expect", "anticipate", "project", "estimate", "intend",
"continue", "target", "believe" (or the negatives thereon) or other
variations thereon or comparable terminology. These forward-looking
statements, as well as those included in any related materials, are
subject to risks, uncertainties and assumptions about the Company,
including, among other things, the development of its business,
trends in its operating industry, and future capital expenditures
and acquisitions. In light of these risks, uncertainties and
assumptions, the events in the forward-looking statements may not
occur. Each of the Company its affiliates and their respective
officers, employees and agents expressly disclaim any and all
liability which may be based on this announcement and any errors
therein or omissions therefrom.
This announcement does not constitute or form part of, and
should not be construed as, any offer or invitation or inducement
for sale, transfer or subscription of, or any solicitation of any
offer or invitation to buy or subscribe for or to underwrite, any
share in the Company or to engage in investment activity (as
defined by the Financial Services and Markets Act 2000) in any
jurisdiction nor shall it, or any part of it, or the fact of its
distribution form the basis of, or be relied on in connection with,
any contract or investment decision whatsoever, in any
jurisdiction.
J.P. Morgan Cazenove is authorised and regulated in the United
Kingdom by the Financial Conduct Authority. J.P. Morgan Cazenove is
acting as Corporate Broker to the Company and no one else in
connection with the proposals described in this announcement, and
will not be responsible to anyone other than the Company for
providing the protections afforded to clients of J.P. Morgan
Cazenove or for affording advice in relation to any transaction or
arrangement referred to in this announcement. This announcement
does not constitute any form of financial opinion or recommendation
on the part of J.P. Morgan Cazenove or any of its affiliates and is
not intended to be an offer, or the solicitation of any offer, to
buy or sell any securities.
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 or visit www.rns.com.
END
FURZMGMZMKGGLZM
(END) Dow Jones Newswires
February 15, 2019 07:00 ET (12:00 GMT)
Chenavari Toro Income (LSE:TORO)
Historical Stock Chart
From Apr 2024 to May 2024
Chenavari Toro Income (LSE:TORO)
Historical Stock Chart
From May 2023 to May 2024