Statement regarding Eaglet Investment Trust plc EGM
20 Novembre 2008 - 4:45PM
UK Regulatory
Statement regarding Eaglet Investment Trust plc EGM
Eaglet EGM
Advance UK, which holds 250,000 shares in Eaglet Investment Trust
PLC, notes the announcement of the rejection by the shareholders of
the proposals put forward at today's meeting. As we talked to other
Eaglet shareholders in the run up to the meeting one thing became
very clear. Although many shareholders felt strongly that the
proposals were not in everyone's best interest, all shareholders want
a return of cash, as much as possible and soon as possible. Since all
the necessary documentation for a tender has been prepared and all
the relevant authorities have approved it, we urge the Board of
Eaglet to implement an immediate return of cash, via a tender. It
should be possible for the cheques to be sent by Christmas. The Board
can then, in isolation from the consideration of the tender, consult
all shareholders about the best way forward for the rest of the
portfolio.
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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