Boussard & Gavaudan Holding Ltd: Election Deadline Extended
Boussard & Gavaudan Holding Limited Overview
Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. The company holds registration number 45582 and is recognized for its structured investment strategies.
Extension of Election Deadlines
The Board of Boussard & Gavaudan Holding Limited has announced an extension pertaining to the Rollover Option for all eligible shareholders. The initial deadline set for the Close of Business on 22 August 2024 has now been moved to the Close of Business on 29 August 2024.
Shareholder Communication
This extension comes in response to numerous shareholders voicing their intent to participate in the Rollover Option but encountering difficulties in meeting the previous deadline. By extending the deadline, the Board aims to accommodate all eligible shareholders wishing to make their elections and submit the required documentation.
Details of the Rollover Option
The Rollover Option provides a unique opportunity for shareholders to elect and receive information based on their shareholder status. The Company encourages all participating shareholders to review the full details as outlined in the shareholder circular, which includes the necessary procedures and documentation submissions needed for successful participation.
Future Implications for Shareholders
For shareholders who have already submitted their Election Forms, it is important to note that any pending TTE Instructions or delivery of Shares via Euroclear Nederland will still be deemed valid under the newly extended deadline. This ensures seamless participation without the need for resubmission for shareholders who acted before the original deadline.
Contact Information
For any further inquiries, shareholders and interested parties are encouraged to reach out to Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan can be contacted at +44 20 3751 5389 for additional assistance regarding the Rollover Option and election procedures.
Regulatory Status
Boussard & Gavaudan Holding Limited is categorized as an authorized closed-ended investment scheme by the Guernsey Financial Services Commission. The shares of the Company are actively traded on Euronext Amsterdam and have further recognition on the Official List of the UK Listing Authority, which adds unique credibility and visibility within the investment community.
Conclusion
The extended deadline for the Rollover Option allows eligible shareholders a greater opportunity to participate and make informed decisions regarding their investments with Boussard & Gavaudan Holding Limited. The Company remains committed to providing comprehensive support and communication to its shareholders throughout this process.
Frequently Asked Questions
What is the Rollover Option at Boussard & Gavaudan?
The Rollover Option allows eligible shareholders to make elections regarding the treatment of their shares under specific terms as defined by the Company.
What is the new deadline for elections?
The new deadline for submitting Election Forms and required documentation is 29 August 2024.
Who should shareholders contact for more information?
Shareholders should contact Emmanuel Gavaudan at Boussard & Gavaudan Investment Management, LLP at +44 20 3751 5389 for any inquiries.
Are previously submitted Election Forms still valid?
Yes, any Election Forms that were submitted will remain valid as long as corresponding TTE Instructions or deliveries were pending as of the original deadline.
What regulatory oversight does the Company have?
Boussard & Gavaudan Holding Limited is authorized as a closed-ended investment scheme by the Guernsey Financial Services Commission and is listed on major European trading platforms.
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