REG - Momentum Multi-Asset - Residual Net Asset Value

Momentum Multi-Asset Value TrustAnnouncement

22/08/2023 08:00

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RNS Number : 0563K  Momentum Multi-Asset Value Trust  22 August 2023

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

22 August 2023

Momentum Multi-Asset Value Trust plc (the "Company")

 

Publication of Residual Net Asset Value per Share

 

In connection with the circular posted on 21 July 2023 (the "Circular"), the
Board of the Company is pleased to announce that the Residual Net Asset Value
per Share was 145.86 pence, as at 11.59 p.m. on 17 August 2023 (the
"Calculation Date").

 

Subject to the passing of the resolution at the Second General Meeting,
Shareholders that have elected (or are deemed to have elected) for the Cash
Option are expected to receive approximately 145 pence (rounded down to the
nearest whole penny) per Ordinary Share with "B" rights. In accordance with
the Scheme, cheques are expected to be dispatched in respect of the Cash
Option and CREST payments made to Shareholders that have elected (or are
deemed to have elected) for the Cash Option not later than 10 Business Days
after the Effective Date.

 

A further announcement is expected to be made later this week concerning
Shareholders that have elected (or are deemed to have elected) for the
Rollover Option, detailing the number of ICVC Shares that they will receive
for every Ordinary Share with "A" rights held. Subject to the passing of the
resolution at the Second General Meeting, the ICVC Shares are expected to be
issued on 23 August 2023. The ICVC Shares are being issued on the basis
detailed in Part 2 of the Circular, with the value of the ICVC Rollover Pool
being calculated at 12.00 noon on the Effective Date of 23 August 2023
(calculated in accordance with the valuation policies and procedures of the
ICVC, as described in the ICVC Prospectus).

 

Capitalised terms used in this announcement have the meanings given to them in
the Circular.

 

Enquiries:

Juniper Partners Limited, Company Secretary

0131 378 0500

 

Steve Hunter, Momentum Global Investment Management Limited

0151 906 2481

 

Legal Entity Identifier: 213800OQTUSRFDIL9L29

 

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