Suspension of conversion facility
2010年2月23日 - 7:57PM
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RNS Number : 5390H
HSBC Global Absolute Limited
23 February 2010
HSBC Global Absolute Limited
St. Martins House
Le Bordage
St. Peter Port
Guernsey
GY1 1BP
23 February 2010
HSBC GLOBAL ABSOLUTE LIMITED (THE "COMPANY")
Suspension of conversion facility
The Company's Articles of Association and Prospectus incorporate provisions
enabling holders of each class of shares to convert all or part of their holding
into shares of any other class as at the last business day of March and
September each year, subject to certain limitations (the "Conversion Facility").
In accordance with the Company's Articles of Association and the Prospectus
dated 27 August 2008, and further to the announcement on 25 January 2010 that
the Board is considering options for the future of the Company ahead of the 2010
AGM date, the Board has decided to suspend the Conversion Facility until further
notice. The March 2010 Conversion Facility will therefore not be offered to
shareholders.
A further announcement in relation to the future of the Company will be made
before the end of March 2010.
Enquiries
HSBC Alternative Investments Limited
Noel von Kaltenborn - 020 7860 3067
Cenkos Securities
Charlie Ricketts - 020 7397 1910
Dion Di Miceli - 020 7397 1921
This information is provided by RNS
The company news service from the London Stock Exchange
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