European Equity Fund (EEA) 8.61 $EEA
The European Equity Fund, Inc. Announces Commencement of Tender Offer
Business Wire - Thu Jan 22, 4:00PM CST
The European Equity Fund, Inc. (NYSE: EEA) (the "Fund" or "EEA"
announced the commencement of a self-tender offer on the terms and subject to the conditions set forth in the Fund's Offer to Repurchase and the related Letter of Transmittal, which are being mailed to stockholders commencing today.
EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The New Germany Fund, Inc., and The European Equity Fund, Inc. Make Yearly Distribution Announcements
Business Wire - Fri Dec 19, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds" each announced today that its Board of Directors declared the distributions set forth below. Each Fund's total distributions will be paid in stock except that any stockholder of record as of December 31, 2014 may elect to receive such distribution in cash.
GER: 15.77 (+0.15), GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The European Equity Fund, Inc. Announces Upcoming Tender Offer
Business Wire - Fri Dec 19, 4:00PM CST
The European Equity Fund, Inc. (NYSE:EEA) (the "Fund" or "EEA" announced today that, in accordance with its previously announced Discount Management Program (the "Program" , its Board of Directors has approved a cash tender offer for up to 5% of its issued and outstanding shares of common stock at a price equal to 98% of its net asset value ("NAV" per share as determined by the Fund on the next business day after the date on which the offer expires. The Fund normally calculates its NAV per share at 11:30 a.m. New York time on each day that the New York Stock Exchange is open for trading. If more than 5% of the Fund's outstanding shares are tendered in the offer and the Fund purchases shares in accordance with the terms of the tender offer, it will purchase shares from tendering stockholders on a pro rata basis. Subject to the Board's exercise of its fiduciary duties, the Fund's tender offer will commence on or about January 22, 2015 and will remain open through February 20, 2015, unless extended. There can be no assurance that the Fund's tender offer will reduce the spread between the market price of the Fund's shares and its NAV per share.
EEA: 8.61 (+0.08)
The European Equity Fund, Inc. and The New Germany Fund, Inc. Announce Results of Tender Offer Measurement Period
Business Wire - Mon Dec 15, 4:00PM CST
The European Equity Fund, Inc. (NYSE:EEA) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds" announced today the results of a fifteen-week measurement period that began on Tuesday, September 2, 2014 and expired on Friday, December 12, 2014, in accordance with each Fund's previously announced Discount Management Program (the "Program" . At the conclusion of the measurement period, shares of common stock of EEA had traded at an average discount to NAV of -10.93% and shares of common stock of GF had traded at an average discount to NAV of -8.99%, in each case during the fifteen-week measurement period. The terms of the Program require a Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable fifteen-week measurement period. Therefore, EEA will conduct its tender offer for up to 5% of its outstanding shares at a price equal to 98% of NAV, but GF will not conduct a tender offer. Details concerning the tender offer for EEA will be announced in the upcoming weeks.
GF: 14.70 (+0.20), EEA: 8.61 (+0.08)
Professionals' Financial - Mutual Funds Inc. announces the upcoming dissolution of Professionals' Asian Equity Fund and Professionals' European Equity Fund
CNW Group - Tue Dec 09, 10:55AM CST
Professionals' Financial - Mutual Funds Inc. (the "Manager" , as investment fund manager of Professionals' Asian Equity Fund (the "Asian Equity Fund" and Professionals' European Equity Fund (the "European Equity Fund" , announces that it intends to proceed with the dissolution of the Asian Equity Fund and the European Equity Fund on or about April 30, 2015 (the "Dissolution Date" .
EEA: 8.61 (+0.08)
Deutsche Asset & Wealth Management Launches Actively-Managed Mutual Fund for European Equities
Business Wire - Wed Dec 03, 11:25AM CST
Deutsche Asset & Wealth Management ("Deutsche AWM" announced today the launch of the Deutsche European Equity Fund (tickers: Class A - DURAX, Class C - DURCX, Class INST - DURIX, Class S - DURSX) ("the Fund" . The Fund is an open-end mutual fund that seeks long-term capital appreciation by investing in companies headquartered in Europe across a range of countries, sectors and capitalizations.
DB: 32.29 (+0.70), EEA: 8.61 (+0.08)
Webcast Conference on The Central Europe, Russia and Turkey Fund (CEE), The European Equity Fund (EEA), and The New Germany Fund (GF)
Marketwired - Thu Nov 13, 11:59AM CST
The Germany Funds are pleased to announce a webcast conference "Review and Outlook," taking place on Wednesday, November 19, 2014 at 11:00 a.m. (ET).
GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases and Adoption of New Discount Management Programs
Business Wire - Mon Jul 28, 4:00PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds" each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 950,000, 1,550,000 and 1,010,000 shares, respectively, during the period from August 1, 2014 through July 31, 2015. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.
GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Results of Tender Offer Measurement Period
Business Wire - Mon Jun 30, 4:08PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds" announced today the results of a twelve-week measurement period that began on Monday, April 7, 2014 and expired on Friday, June 27, 2014, in accordance with each Fund's previously announced Discount Management Program (the "Program" . At the conclusion of the measurement period, shares of common stock of CEE had traded at an average discount to net asset value ("NAV" of -10.15%, shares of common stock of EEA had traded at an average discount to NAV of just under 10.00% (-9.9996888%), and shares of common stock of GF had traded at an average discount to NAV of -9.98%, in each case during the twelve-week measurement period. The terms of the Program require a Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period. Therefore, CEE will conduct its tender offer for up to 5% of its outstanding shares at a price equal to 98% of NAV, but EEA and GF will not conduct tender offers. Details concerning the tender offer for CEE will be announced in the upcoming weeks.
GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. announce results of each Fund's Annual Meeting of Stockholders
Business Wire - Thu Jun 19, 4:00PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a "Fund," and collectively, the "Funds" announced today the results of each Fund's Annual Meeting of Stockholders held on June 19, 2014.
GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The European Equity Fund, Inc. Announces Commencement of Tender Offer
Business Wire - Thu Jan 22, 4:00PM CST
The European Equity Fund, Inc. (NYSE: EEA) (the "Fund" or "EEA"
announced the commencement of a self-tender offer on the terms and subject to the conditions set forth in the Fund's Offer to Repurchase and the related Letter of Transmittal, which are being mailed to stockholders commencing today. EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The New Germany Fund, Inc., and The European Equity Fund, Inc. Make Yearly Distribution Announcements
Business Wire - Fri Dec 19, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds"
each announced today that its Board of Directors declared the distributions set forth below. Each Fund's total distributions will be paid in stock except that any stockholder of record as of December 31, 2014 may elect to receive such distribution in cash. GER: 15.77 (+0.15), GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The European Equity Fund, Inc. Announces Upcoming Tender Offer
Business Wire - Fri Dec 19, 4:00PM CST
The European Equity Fund, Inc. (NYSE:EEA) (the "Fund" or "EEA"
announced today that, in accordance with its previously announced Discount Management Program (the "Program" , its Board of Directors has approved a cash tender offer for up to 5% of its issued and outstanding shares of common stock at a price equal to 98% of its net asset value ("NAV" per share as determined by the Fund on the next business day after the date on which the offer expires. The Fund normally calculates its NAV per share at 11:30 a.m. New York time on each day that the New York Stock Exchange is open for trading. If more than 5% of the Fund's outstanding shares are tendered in the offer and the Fund purchases shares in accordance with the terms of the tender offer, it will purchase shares from tendering stockholders on a pro rata basis. Subject to the Board's exercise of its fiduciary duties, the Fund's tender offer will commence on or about January 22, 2015 and will remain open through February 20, 2015, unless extended. There can be no assurance that the Fund's tender offer will reduce the spread between the market price of the Fund's shares and its NAV per share. EEA: 8.61 (+0.08)
The European Equity Fund, Inc. and The New Germany Fund, Inc. Announce Results of Tender Offer Measurement Period
Business Wire - Mon Dec 15, 4:00PM CST
The European Equity Fund, Inc. (NYSE:EEA) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds"
announced today the results of a fifteen-week measurement period that began on Tuesday, September 2, 2014 and expired on Friday, December 12, 2014, in accordance with each Fund's previously announced Discount Management Program (the "Program" . At the conclusion of the measurement period, shares of common stock of EEA had traded at an average discount to NAV of -10.93% and shares of common stock of GF had traded at an average discount to NAV of -8.99%, in each case during the fifteen-week measurement period. The terms of the Program require a Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable fifteen-week measurement period. Therefore, EEA will conduct its tender offer for up to 5% of its outstanding shares at a price equal to 98% of NAV, but GF will not conduct a tender offer. Details concerning the tender offer for EEA will be announced in the upcoming weeks. GF: 14.70 (+0.20), EEA: 8.61 (+0.08)
Professionals' Financial - Mutual Funds Inc. announces the upcoming dissolution of Professionals' Asian Equity Fund and Professionals' European Equity Fund
CNW Group - Tue Dec 09, 10:55AM CST
Professionals' Financial - Mutual Funds Inc. (the "Manager"
, as investment fund manager of Professionals' Asian Equity Fund (the "Asian Equity Fund" and Professionals' European Equity Fund (the "European Equity Fund" , announces that it intends to proceed with the dissolution of the Asian Equity Fund and the European Equity Fund on or about April 30, 2015 (the "Dissolution Date" . EEA: 8.61 (+0.08)
Deutsche Asset & Wealth Management Launches Actively-Managed Mutual Fund for European Equities
Business Wire - Wed Dec 03, 11:25AM CST
Deutsche Asset & Wealth Management ("Deutsche AWM"
announced today the launch of the Deutsche European Equity Fund (tickers: Class A - DURAX, Class C - DURCX, Class INST - DURIX, Class S - DURSX) ("the Fund" . The Fund is an open-end mutual fund that seeks long-term capital appreciation by investing in companies headquartered in Europe across a range of countries, sectors and capitalizations. DB: 32.29 (+0.70), EEA: 8.61 (+0.08)
Webcast Conference on The Central Europe, Russia and Turkey Fund (CEE), The European Equity Fund (EEA), and The New Germany Fund (GF)
Marketwired - Thu Nov 13, 11:59AM CST
The Germany Funds are pleased to announce a webcast conference "Review and Outlook," taking place on Wednesday, November 19, 2014 at 11:00 a.m. (ET).
GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases and Adoption of New Discount Management Programs
Business Wire - Mon Jul 28, 4:00PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds"
each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 950,000, 1,550,000 and 1,010,000 shares, respectively, during the period from August 1, 2014 through July 31, 2015. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund. GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Results of Tender Offer Measurement Period
Business Wire - Mon Jun 30, 4:08PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds"
announced today the results of a twelve-week measurement period that began on Monday, April 7, 2014 and expired on Friday, June 27, 2014, in accordance with each Fund's previously announced Discount Management Program (the "Program" . At the conclusion of the measurement period, shares of common stock of CEE had traded at an average discount to net asset value ("NAV" of -10.15%, shares of common stock of EEA had traded at an average discount to NAV of just under 10.00% (-9.9996888%), and shares of common stock of GF had traded at an average discount to NAV of -9.98%, in each case during the twelve-week measurement period. The terms of the Program require a Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period. Therefore, CEE will conduct its tender offer for up to 5% of its outstanding shares at a price equal to 98% of NAV, but EEA and GF will not conduct tender offers. Details concerning the tender offer for CEE will be announced in the upcoming weeks. GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. announce results of each Fund's Annual Meeting of Stockholders
Business Wire - Thu Jun 19, 4:00PM CDT
The Central Europe, Russia and Turkey Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a "Fund," and collectively, the "Funds"
announced today the results of each Fund's Annual Meeting of Stockholders held on June 19, 2014. GF: 14.70 (+0.20), CEE: 21.21 (+0.32), EEA: 8.61 (+0.08)
