RCS - India CapitalGrwthFd - India Capital Growth Webinar: Continuation Vote

India Capital Growth FundAnnouncement

01/06/2020 13:20

RNS Number : 5696O
  
India Capital Growth Fund Limited
  
01 June 2020
  
 

India Capital Growth Webinar: Continuation Vote - from QuotedData
1st June 2020
India Capital Growth will hold an extraordinary general meeting on 12 June 2020, in Guernsey, where shareholders will be asked whether they want the fund to continue.
 
Continuation vote webinar
Register for one of India Capital Growth Fund's upcoming webinars for further information on the vote and the proposed redemption facility.
https://us02web.zoom.us/webinar/register/WN_p3FIVg2iR06iHDnLqpjskQ (3rd June at noon)
 
India Capital Growth will hold an extraordinary general meeting on 12 June 2020, in Guernsey, where shareholders will be asked whether they want the fund to continue.
The board undertakes a performance assessment every three years and a vote on the trust's continued existence is put to shareholders only in the event that either of the following criteria are met:
1)   the company's monthly average market capitalisation million over the past year is below £30m; or
2)   
3)  the company's published diluted NAV per ordinary share has underperformed the benchmark by more than a cumulative 5% over the previous three years.
 
See here for full information: https://quoteddata.com/events/india-capital-growth-webinar/
 
This information is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

 
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