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| TIDM | ALF |
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On 29 October 2021, Alternative Liquidity Fund Limited's Board resolved to return US$2,199,655.81, equating to 1.5 cents per share, to shareholders, following the receipt of a US$2.59 million distribution from the Vision Special Credit Opportunities ELT Fund. This return will be effected by the allotment and issue of redeemable B shares on 4 November 2021 to shareholders on the 3 November 2021 record date, with B shares redeemed and cancelled on 5 November 2021 and redemption payments made on 3 December 2021.
| Date | 29 Oct 2021 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 6198Q |
ALTERNATIVE LIQUIDITY FUND LIMITED
Registered in Guernsey - Number 60552
LEI NUMBER 213800R5CHD76J3LU713
Registered Office:
Sarnia House, Le Truchot,
St Peter Port, Guernsey, GY1 1GR
Telephone: +44 1481 737600
Facsimile: +44 1481 749810
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For immediate release |
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29 October 2021 |
RETURN OF CAPITAL
The Board of Directors of Alternative Liquidity Fund Limited is very pleased to announce that further to receipt of a distribution of US$2.59 million from the Vision Special Credit Opportunities ELT Fund, it has been resolved to return an amount of 1.5 cents per share to shareholders, being US$2,199,655.81 in total based on the current number of shares in issue. This return of capital will be effected by way of an issue of redeemable B shares to existing shareholders pro rata to their shareholding on the record date set out below and the subsequent redemption and cancellation of those B Shares.
It is expected that the timetable for the return of capital will be as follows.
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2 November 2021
|
ex date |
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3 November 2021 |
record date for shareholders on the register to receive B shares |
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4 November 2021 |
B shares allotted and issued to shareholders on the register as at the record date
|
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5 November 2021 |
B shares redeemed and cancelled
|
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3 December 2021 |
redemption payment made through CREST to shareholders who hold their shares in uncertificated form |
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3 December 2021 |
cheques in relation to the redemption payment sent to shareholders that hold their shares in certificated form |
All redemption payments will be paid gross of tax.
Hindsight Solutions Limited Email: timgardner@hindsightsolutions.co.uk
Tel: +44 20 7484 2079
Praxis Fund Services Limited Email: info@pfs.gg
Tel: +44 (0) 1481 737 600