The Issuer will pay out such amounts in USD on or around the 18 March 2020 (being the “ Compulsory Redemption Settlement Date ”). Traduttore. GlaxoSmithKline stands by full-year EPS guidance but with a … The Issuer announces that due to movements in oil prices overnight, a Severe Overnight Gap Event has occurred and the Swap Provider has served on the Issuer a Transaction Early Termination Notice with respect to the Impacted Product.Application has been made to the London Stock Exchange, Borsa Italiana and Deutsche Boerse (being the exchanges where the Impacted Products are admitted to trading) to request the Impacted Product be suspended with immediate effect and delisted.Accordingly the Issuer hereby announces pursuant to Condition 8.8(A) of the Conditions that all ETP Securities of the Impacted Product are to be redeemed compulsorily and today, the 22nd April 2020 will be the Compulsory Redemption Date for the Impacted Product. London Stock Exchange plc is not responsible for and does not check content on this Website. The Board of Directors of Alcentra European Floating Rate Income Fund Limited (the "Company") is pleased to announce that following the successful sale of the Company's investments, the Company will implement a second compulsory redemption (the "Second Redemption") of its redeemable ordinary shares of no par value (the "Shares") in order to return approximately GBP32 million to shareholders.The Second Redemption is being effected pro rata to holders of Shares on the register at the close of business on 11 September 2020 (the "Redemption Date") pursuant to a general authorisation to redeem Shares held by all Shareholders in accordance with Article 49 of the Company's Articles of Incorporation.Prior to the Second Redemption the Company has 41,190,725 shares in issue. Unlike a redemption, which is compulsory, selling shares back to the company with a repurchase is voluntary. No fractions of Shares will be redeemed and so the number of Shares to be redeemed for each Shareholder will be rounded down to the nearest whole number of Shares.The Shares will be disabled in CREST after close of business on the Redemption Date and the existing ISIN number - GG00B6116N85 (the "Old ISIN") - will expire. For further information, please contact London close: Benchmark manages positive close ahead of Fed. The base currency for the both Impacted Products is USD and therefore the Compulsory Redemption Amount per ETP Security is calculated in USD. The Board of Directors of Alcentra European Floating Rate Income Fund Limited (the "Company") is pleased to announce that following the successful sale of the Company's investments, the Company will implement a second compulsory redemption (the "Second Redemption") of its redeemable ordinary shares of no par value (the "Shares") in order to return approximately GBP32 million to … Define Compulsory Physical Redemption. Unlike a redemption, which is compulsory, selling shares back to the company with a repurchase is voluntary. The settlement of cash … Shares Spotlight... The offers that appear in this table are from partnerships from which Investopedia receives compensation. … This information is provided by RNS, the news service of the London Stock Exchange. means in in relation to the Compulsory Redemption of any WT Securities, settlement of the Redemption Obligations in respect thereof by delivery of the relevant Underlying Assets in accordance with the Applicable Product Annex. Any news item (including any prospectus) which is addressed solely to the persons and … CREST will automatically transfer any open transactions as at the Redemption Date to the New ISIN.The Redemption Price and the Relevant Percentage, being the percentage of shares redeemed by the Company on the Redemption Date, will be included in the announcement of the results of the Redemption on 14 September 2020.Record Date and Expiry of Old ISIN 11 September 2020Announcement of Results of the Redemption and New ISIN enabled 14 September 2020 This announcement is released by Alcentra European Floating Rate Income Fund Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
(0.00%) Since 2001 the Shares Awards have recognised the high quality of service and products from companies in the world of retail investment as voted for by Shares' readers. An authorized participant is an organization that has the right to create and redeem shares of an exchange traded fund (ETF). Compulsory Redemption . Compulsory Physical Redemption means in in relation to the Compulsory Redemption of any WT Securities, settlement of the Redemption Obligations in respect thereof by delivery of the relevant Underlying Assets in accordance with the Applicable Product Annex. COMPULSORY REDEMPTION OF SHARES The Company advises that it will return to Shareholders by way of a compulsory partial redemption of Shares a … All of the Shares redeemed on the Redemption Date will be cancelled.