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Boussard & Gavaudan Holding Ltd Extends Election Deadline

Boussard & Gavaudan Holding Ltd Extends Election Deadline

Overview of Boussard & Gavaudan Holding Limited

Boussard & Gavaudan Holding Limited is a closed-ended investment firm established in Guernsey, with the registration number 45582.

Legal Entity Identifier: 5493002XNM3W9D6DF327.

Deadline Extension for Elections

The Company has announced an extension for the deadline concerning elections related to the Rollover Option. Initially set for 22 August, the new deadline is now the Close of Business on 29 August 2024. This decision follows feedback from numerous Shareholders who requested more time to participate in the Rollover Option.

Details on the Rollover Option

On 25 June 2024, the Company distributed a shareholder circular detailing the Rollover Option available to Eligible Shareholders. The Board of Directors acknowledged that many shareholders were interested in this option but encountered difficulties in meeting the original deadline.

Key Dates and Information

Validity of Submissions

Any Election Forms that were submitted correctly but were pending TTE Instructions or share delivery through Euroclear Nederland as of the original Election Date will continue to be valid under this extended timeline.

Communication with Shareholders

Shareholders are encouraged to consult the original Circular for detailed information regarding the Rollover Option. This document thoroughly explains the entire process, including how to make elections and submit the required documentation. It is essential for all shareholders who want to participate effectively to understand these details.

Contact Information for Inquiries

If shareholders have further questions or need clarifications, they can reach out to:

Boussard & Gavaudan Investment Management, LLP
Emmanuel Gavaudan
+44 20 3751 5389

JTC Fund Solutions (Guernsey) Limited
Secretary
+44 (0) 1481 702400

Status and Regulatory Information of the Company

Boussard & Gavaudan Holding Limited operates as a closed-ended investment company authorized under Guernsey law. It has received the necessary authorization from the Guernsey Financial Services Commission and is registered as a collective investment scheme with the Dutch Authority for the Financial Markets.

Trading Information

The Company's Shares are actively traded and listed on Euronext Amsterdam, the Official List of the UK Listing Authority, and on the London Stock Exchange plc's main market for listed securities. This ensures liquidity and presents ongoing opportunities for investors.

Frequently Asked Questions

What is the Rollover Option provided by the Company?

The Rollover Option allows Eligible Shareholders to exchange their investment without having to liquidate their shares, under specific conditions.

Why was the deadline extended?

The deadline extension was made to help Shareholders who were unable to meet the initial submission deadline due to various constraints.

Is the Election Form still valid if submitted before the deadline extension?

Yes, any Election Forms that were submitted will remain valid as long as they comply with the new deadline set by the Company.

How can Shareholders access detailed information about the Rollover Option?

Shareholders can refer to the Circular issued by the Company for comprehensive details about the Rollover Option, including procedures and deadlines.

Who can Shareholders contact for further inquiries?

Shareholders can reach out to Boussard & Gavaudan Investment Management, LLP or JTC Fund Solutions (Guernsey) Limited for any questions related to this announcement.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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