RUG Renn Universal

 
TIDMRUG 
 
RENN Universal Growth Investment Trust PLC (the "Company") 
 
10 December 2014 
 
Result of General Meeting 
Further to the Circular published by the Company on 14 November 2014 in 
connection with the recommended proposals for the members' voluntary 
liquidation of the Company, the special resolution was duly passed at the 
General Meeting of the Company held on 10 December 2014. 
 
A copy of the resolution has been submitted to the National Storage Mechanism 
and will shortly be available for inspection at 
http://www.morningstar.co.uk/uk/nsm. 
 
Appointment of Liquidators 
John Milsom and Allan Graham of KPMG LLP have been appointed as joint 
liquidators responsible for the winding up of the Company's affairs. The 
liquidators will be retaining the Investment Manager to assist in concluding 
the realisation of the Company's investments and concluding the liquidation. 
 
Cancellation of shares 
It is expected that the listing of the Company's shares will be cancelled at 
8.00 a.m. on 9 January 2015. 
 
Cash distribution to shareholders 
All shareholders on the register at 6.00 p.m. on 9 December 2014 will be 
entitled to liquidation distributions. The Board anticipates that, because of 
the restrictions on the Company's ability to dispose of assets prior to the 
liquidation becoming effective, it is not expected that the liquidation will 
involve a significant capital distribution immediately thereafter. However, 
once the Company is in liquidation, the restrictions on asset disposals will 
fall away and it is expected that an initial distribution to shareholders will 
be made in early 2015 once the more liquid assets have been realised by the 
liquidators. 
 
Further distributions will be made when practicable and, when completed, the 
Company will be dissolved and will distribute further proceeds to shareholders 
over the forthcoming months. Given the nature of some of the investments, it is 
not possible to determine how long this process will take and the value 
realised may in aggregate be higher or lower than the existing net asset value 
of the Company. 
 
Enquiries: 
 
Joe Winkley/Neil Morgan, Winterflood Investment Trusts - 0203 100 0000 
 
 
 
END 
 

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