Reminder of Warrant Conversion Opportunity
2009年2月26日 - 7:16PM
RNSを含む英国規制内ニュース (英語)
TIDMQOGT
RNS Number : 9273N
Quorum Oil and Gas Tech. Fund Ld
26 February 2009
Not for release, publication or distribution in, or into, the United States,
Canada, Australia or Japan.
+------------------------------------+------------------------------------+
| Press Release | 26 February 2009 |
+------------------------------------+------------------------------------+
Quorum Oil and Gas Technology Fund Limited
("Q-OGT", "the Fund" or "the Company")
Reminder of Warrant Conversion Opportunity
Quorum Oil and Gas Technology Fund Limited (LSE:QOGT), a registered closed-ended
Guernsey investment company listed on the London Stock Exchange, announces that
a letter has today been posted to warrantholders detailing the procedure for the
exercise of subscription rights.
Warrantholders are reminded that, in accordance with the terms and conditions of
the Warrants, the right to subscribe for Participating Redeemable Preference
Shares (the "Shares") will be exercisable on 1 April 2009.Each Warrant carries
the right to subscribe ("Subscription Rights") for one Share in cash at the
price per Share of US$10 (the "Conversion Price"), payable in full on
subscription.
Holders of Warrants wishing to exercise their right to subscribe for Shares on 1
April 2009 must send the appropriate documents, together with the remittance, to
Ogier Fund Administration (Guernsey) Limited, Ogier House, St Julian's Avenue,
St. Peter Port, Guernsey GY1 1WA, so as to arrive at any time from and including
2 March 2009 but in any event to arrive not later than 3.30 p.m. on 1 April
2009.
Holders of Warrants who do not exercise their Subscription Right on 1 April 2009
will have the right to do so on 1 April 2010, on the same terms as stated in the
letter posted to warrantholders today.
- Ends -
For further information:
+-----------------------------------------------+--------------------------+
| Investment Manager | |
+-----------------------------------------------+--------------------------+
| Quorum Group | |
+-----------------------------------------------+--------------------------+
| Wanda Dorosz, Managing Partner & CEO | Tel: +1 416 971 6998 |
+-----------------------------------------------+--------------------------+
| wdorosz@quorum.ca | |
+-----------------------------------------------+--------------------------+
| David Sefton, Quorum European Partners LLP | Tel: +44 (0) 7989 333 |
| | 371 |
+-----------------------------------------------+--------------------------+
| david.sefton@quorum-europe.com | www.q-ogtfund.com |
+-----------------------------------------------+--------------------------+
Media enquiries:
+-----------------------------------------------+--------------------------+
| Abchurch | |
+-----------------------------------------------+--------------------------+
| Henry Harrison-Topham / George Parker | Tel: +44 (0) 20 7398 |
| | 7719 |
+-----------------------------------------------+--------------------------+
| george.parker@abchurch-group.com | www.abchurch-group.com |
+-----------------------------------------------+--------------------------+
Notes to editors:
Quorum Oil and Gas Technology Fund Limited ("Q-OGT") is a registered
closed-ended investment company incorporated in Guernsey to provide expansion
capital to companies which own and/or are developing proven proprietary
technology which may have a potentially significant effect on the oil and gas
industry. The Fund is managed by the Quorum Group, a 21 year old strategic
sector private equity firm, headquartered in North America, which also has a
subsidiary and office in London, Quorum European Partners LLP. Q-OGT was
admitted to the Official List of the UK Listing Authority and to trading on the
London Stock Exchange on 7 January 2008. Its stock market EPIC is QOGT.L.
Further information can be found at www.q-ogtfund.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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