OTM Ottoman

 

TIDMOTM 
 
RNS Number : 8611F 
Ottoman Fund Limited (The) 
20 January 2010 
 

For Immediate Release 
20 January 2010. 
the OTTOMAN FUND LIMITED 
 
Return of Capital 
The Board of Directors of the Ottoman Fund Limited is pleased to announce the 
return of GBP8 million of capital, or approximately 5.9363 pence per share, to 
shareholders of record as at 29 January 2010 with payment expected as soon as 
possible thereafter. 
Substantial progress has been made in fulfilling the regulatory requirements 
prerequisite to internalizing management. It is now expected that a circular 
will presently be sent to shareholders describing the proposed structural 
changes and introducing the new investment advisor. These proposed changes 
should result in substantial benefits to shareholders from reduced costs and 
increased on the ground expertise in Turkey. 
The Board expects to present a more detailed discussion and evaluation of the 
Ottoman Fund's assets and strategy when the Company's results to the end of 
August 2009 are released next month. 
 
 
Enquiries 
Singer Capital Markets020 3205 7500 
Roger Clarke 
Jos Trusted 
Company Secretary                                      01534 610610 
Herald Fund Services Limited 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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