REG - Keystone Positive Cg - Repayment of Preference Shares

Keystone Positive Change Investment TrustAnnouncement

23/12/2024 07:00

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RNS Number : 0024R  Keystone Positive Change I.T. PLC  23 December 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

23 December 2024

 

Keystone Positive Change Investment Trust plc (KPC)

Repayment of Preference Shares

 

On 6 December 2024 the Company published proposals in relation to a scheme of
reconstruction and members' voluntary winding-up of the Company.

The Scheme includes provision for the payment of the entitlements of the
Preference Shares to capital and to accrued interest up to the Effective Date.

Accordingly the Company intends, subject to Shareholder approval, that the
admission of the Preference Shares to the Official List and to trading on
London Stock Exchange be suspended and then cancelled based on the following
timetable:

 Record date for Preference Shareholder entitlements under the Scheme.    Close of business on 6 February 2025
 Suspension of dealings in the Preference Shares and the Register closes  7.30 a.m. on 7 February 2025
 Effective Date                                                           7 February 2025
 Cheques expected to be despatched to Preference Shareholders             Week commencing 17 February 2025

 

For further information please contact:

Deutsche Numis, Nathan Brown / Matt Goss

Tel: 020 7260 1426/1642

Computershare Investor Services, Shareholder helpline

Tel: 0370 703 6269

 

Notes:

ISIN of the Preference Shares is GB0004912282.

All references to time in this announcement are to UK time. Each of the times
and dates in the above expected transaction timetable may be extended or
brought forward. If any of the above times and/or dates change materially, the
revised time(s) and/or date(s) will be notified to Shareholders by an
announcement through a Regulatory Information Service.

Capitalised terms used in this announcement are as defined in the Company's
circular dated 6 December 2024.

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