Expiry of Warrants
14 Novembre 2003 - 5:39PM
UK Regulatory
RNS Number:1112S
TR European Growth Trust PLC
14 November 2003
TR EUROPEAN GROWTH TRUST PLC
HENDERSON GLOBAL INVESTORS
14 NOVEMBER 2003
TR EUROPEAN GROWTH TRUST PLC
The final opportunity for Warrantholders in TR European Growth Trust plc (the
"Company") to exercise all or any of their subscription rights in accordance
with the terms of the Company's warrants occurred on 30 October 2003. An
announcement concerning an application for the listing of the shares arising
from the exercise of these warrants was made on 6 November 2003.
Pursuant to the terms and conditions of the warrants, the Company appointed a
Trustee following the final subscription date of 30 October 2003, with a view to
determining whether or not to convert those warrants remaining unexercised as at
that date. It was determined that the proceeds of sale of the ordinary shares
arising on conversion of the warrants, after deduction of all costs and
expenses, would not exceed the costs of subscription and, accordingly, the
warrants lapsed with no value with effect from close of business on 13 November
2003.
The Company announces that it has now applied to the UK Listing Authority for
the listing of the warrants to be withdrawn.
- ENDS -
For further information contact
Stephen Peak Stephen Westwood
Director Head of Investment Trusts
TR European Growth Trust plc Henderson Global Investors
Telephone: 020 7818 4334 Telephone: 020 7818 5517
Stephen Phillips Vicki Staveacre
Associate Director Henderson Press Office
Henderson Global Investors Telephone: 020 7818 4222
Telephone: 020 7818 6417
This information is provided by RNS
The company news service from the London Stock Exchange
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