Boussard & Gavaudan Holding Ltd Extends Election Deadline
![Boussard & Gavaudan Holding Ltd Extends Election Deadline](https://investorshangout.com/images/blog/investors-hangout-newswire.jpg)
Boussard & Gavaudan Holding Limited Overview
Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey with registration number 45582.
Legal Entity Identifier: 5493002XNM3W9D6DF327.
Extension of Deadline for Elections
The Company has decided to extend the deadline for elections related to the Rollover Option. Originally set for 22 August, the new deadline will now be Close of Business on 29 August 2024. This extension comes after many Shareholders expressed the need for additional time to participate in the Rollover Option.
Background on the Rollover Option
On 25 June 2024, the Company issued a shareholder circular regarding the Rollover Option available to Eligible Shareholders. The Board of Directors recognized that many holders of shares wanted to take part in the option but faced challenges in meeting the original deadline.
Important Dates and Details
In this context, the Board will accept Election Forms, TTE Instructions, and any required documentation until the newly stipulated date. This adjustment allows all Eligible Shareholders wishing to engage in the Rollover Option an opportunity to do so without the rush of the previous deadline.
Continuity of Validity
Any Election Forms that were properly submitted but pending TTE Instructions or share delivery through Euroclear Nederland as of the original Election Date will remain valid under this extended timeline.
Shareholder Communication
Shareholders are encouraged to refer to the original Circular for comprehensive details about the Rollover Option. This document outlines the entire process, including how to make elections and submit necessary documentation. Understanding these details is crucial for all shareholders wishing to participate effectively.
Company Contacts for More Information
For additional questions or clarifications, shareholders 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
Company’s Status and Regulatory Details
Boussard & Gavaudan Holding Limited functions as a closed-ended investment company authorized under Guernsey law. It has received requisite 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 Shares of the Company are actively traded, being 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 represents an ongoing opportunity for investors.
Frequently Asked Questions
What is the Rollover Option provided by the Company?
The Rollover Option allows Eligible Shareholders to participate in a method of exchanging their investment without needing to liquidate their shares under certain conditions.
Why was the deadline extended?
The extension was granted to accommodate Shareholders who couldn’t 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 submitted will remain valid provided they meet the new deadline as mandated by the Company.
How can Shareholders get detailed information about the Rollover Option?
Shareholders can refer to the Circular provided by the Company for detailed information about the Rollover Option, including procedures and deadlines.
Who can Shareholders contact for further inquiries?
Shareholders can contact Boussard & Gavaudan Investment Management, LLP or JTC Fund Solutions (Guernsey) Limited for any questions related to the announcement.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Boussard & Gavaudan Holding Limited NAV Overview
- Boussard & Gavaudan Holding Limited NAV Overview
- Fresh2 Group Ltd. Faces Compliance Alert from Nasdaq
- Abercrombie & Fitch Appoints Andrew Clarke to Board
- Innovative Food Holdings Announces Major Retail Partnership
- PayPoint plc Announces Director Shareholding Update
- Boussard & Gavaudan Holding Ltd: Election Deadline Extended
- Yunhong Green CTI Ltd. Faces Nasdaq Notification on 10-Q Delay
- Globavend Holdings Highlights Nasdaq Compliance Notification
- MedX Holdings, Inc. (MEDH) Resumes Trading on OTC Markets