REG - Blackstone Loan Fin - Result of Extraordinary General Meeting

Blackstone Loan FinancingAnnouncement

15/01/2025 12:30

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RNS Number : 4584T  Blackstone Loan Financing Limited  15 January 2025

 

Blackstone Loan Financing Limited (the "Company")

 

15 January 2025

 

Result of Extraordinary General Meeting

 

 

Blackstone Loan Financing Limited announces that at the Extraordinary General
Meeting (the "EGM") held earlier today, the special resolution for the Summary
Winding Up of the Company was duly passed by shareholders.

 

The votes received on the resolution proposed at the EGM will shortly be
available for inspection on the Company's website (http://blackstone.com/bglf
(http://blackstone.com/bglf) ).

 

The full text of the resolution can be found in the circular and notice of
meeting published on 4 December 2024 (the "Circular"), copies of which are
available for viewing on the Company's website (http://blackstone.com/bglf
(http://blackstone.com/bglf) ) and at the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

Company to cease being regulated by the JFSC under the Funds Law

 

Following JFSC approval of the Company's application to deregulate as part of
the orderly conclusion of its remaining affairs, the Company shall cease to be
regulated by the JFSC as a collective investment fund (and, specifically, a
Jersey Listed Fund) under the Funds Law with effect from the close of business
today.

 

Suspension & cancellation of admission to listing and trading of the
Company's Shares

 

The admission of the Company's Shares to the Official List and to trading on
the Main Market, and therefore dealings in the Company's Shares, were
suspended with effect from 7.30 a.m. (London time) today, in anticipation of
the EGM.

 

Applications have been made to the Financial Conduct Authority and the London
Stock Exchange in relation to the cancellation of the listing of the Company's
Shares from the Official List and for cancellation of the admission to trading
of the Company's Shares on the Main Market, both of which are expected to take
effect at 8.00 a.m. (London time) on 16 January 2025 ("Cancellation").

 

Third Redemption & ISIN

 

As the resolution for the Summary Winding Up of the Company has been passed
today, the Third Redemption announced on 8 January 2025 will go ahead in
accordance with the announced timetable. The Company's Shares will be disabled
in CREST from 5.00 p.m. today (the "Redemption Date") and the existing ISIN
number JE00BM8J7D47 (the "Old ISIN") will expire.

 

The new ISIN number JE00BT25YW59 (the "New ISIN") in respect of the remaining
Shares, which have not been redeemed and will be in issue following the
Redemption Date, will be enabled and available for transactions from and
including 16 January 2025. These shares will not be listed on any stock
exchange or regulated market, and they will be redeemed at the end of the
liquidation process with any surplus funds that remain.

 

 

 

Shareholder Communications

 

Following the Cancellation, further updates and announcements made by the
Company will be made on the Company's website at
(https://www.blackstone.com/fund/bglfln-blackstone-loan-financing-limited/#news
(https://www.blackstone.com/fund/bglfln-blackstone-loan-financing-limited/#news)
).

 

Company shareholders with questions about their shareholding can contact the
Company Secretary at: blackstonecosec@bnpparibas.com or +44 (0) 1534 709189 /
709108.

 

Capitalised terms used but not defined in this announcement will have the same
meaning as set out in the Circular

 

For further information, please contact:

 

 BGLF                                                                           Via Singer Capital Markets

 Steven Wilderspin (Chair)

 Singer Capital Markets (Financial Adviser & Joint Corporate Broker to the      020 7496 3000
 Company)

 James Maxwell / Alaina Wong / Oliver Platts (Corporate Finance)

 Alan Geeves / Sam Greatrex (Sales)

 

 BNP Paribas (Company Secretary to the Company)  01534 709189 / 709108

 

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