REG - Highbridge Tactical - Company Update

Highbridge Tactical Credit FundAnnouncement

01/11/2023 14:15

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RNS Number : 0817S  Highbridge Tactical Credit Fund Ltd  01 November 2023

1 November 2023

 

 

HIGHBRIDGE TACTICAL CREDIT FUND LIMITED

("HTCF" or the "Company")

 

 

 

Company Update

Compulsory redemption

Further to the announcement made on the 18 October 2023, the Company has
compulsorily redeemed the majority of the Ordinary Shares in the Company
today, (those former shareholders now have a creditor interest in the
remaining assets of the Company) leaving two shareholders, holding 1 share
each, being the Chairman, Vic Holmes, and director, Steve Le Page, as the
Company is required to have at least one member under the Company Law and in
order that they may facilitate the placing of the Company into a voluntary
liquidation immediately following the redemption.

 

Voluntary Liquidation

The remaining two Shareholders have today passed both the requisite ordinary
and special resolutions in order to place the Company into voluntary
liquidation in accordance with Section 391 (1)(b) of the Companies (Guernsey)
Law 2008.

 

The appointed joint liquidators are Alex Adam and Andy Wood of Teneo Financial
Advisory Limited, Bucktrout House, St Peter Port, Guernsey, GY1 3HQ and Forum
3, Grenville Street, St Helier, Jersey, JE2 4UF respectively (together "the
Joint Liquidators") for the purposes of winding up the Company's affairs.

 

De-listing

The Company's shares have also been suspended from trading on the London Stock
Exchange with effect from 8am this morning, 1 November 2023, and delisting
will be effective from 8am on 2 November 2023.

 

 

For further information please contact:

 

 Teneo Financial Advisory Limited

 Liquidator

 Tel: +44 33 0588 1902

 Email: alessandro.brancato@teneo.com (mailto:alessandro.brancato@teneo.com)

 

LEI: 213800397SYHLYFH5961

 

 

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