Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Cayman Islands Stock Exchange : CSX CANCELS Novus Global Special Situations Strategy Limited

share with twitter share with LinkedIn share with facebook
share via e-mail
10/02/2012 | 04:59am CEST
CSX CANCELS Novus Global Special Situations Strategy Limited 1-Oct-2012

The listing of the following securities has been cancelled with effect from

12:00 PM on 1 October 2012

Name of Issuer:

Novus Global Special Situations Strategy Limited

Number and Description of Securities:

USD Class A Shares

USD Class B Shares

Type of issue:

Mutual Fund

Reason for cancellation:


Novus Global Special Situations Strategy Limited(the "Company")

The boards of directors of the Company wish to announce that pursuant to class meetings of the holders of Participating Shares in the capital of the Company (the "Participating Shareholders") held on 20 September 2012 and the written resolutions of the management shareholder dated 1 October 2012 (the "Effective Date"), the following has been approved:

1. the cancellation of any redemption notices submitted by the Participating Shareholders for any dealing day following the Effective Date such that they shall have no effect and that the Participating Shares which are the subject of such redemption notices shall not be liable to be redeemed by the Company (Please note that in connection with this approval the management shareholder also approved an amendment to the Company's articles of association to give effect to this provision);

2. the compulsory redemption of some or all of the Participating Shares registered in the name of such Shareholder at such time at the relevant NAV per Share on the basis that each compulsory redemption shall be carried out at the same time and on the same terms for all Investors pro rata to the number of Participating Shares held;

3. every variation, modification and abrogation of the rights, privileges and restrictions attaching to the Participating Shares occasioned by the implementation of (i) the Orderly Realisation, (ii) the amendment of the investment policy of the Company to give effect to the Orderly Realisation, (iii) the permanent closure of the offering period for all classes of Participating Shares, (iv) the cancellation of redemption requests in accordance with resolution 1 and (v) the authority of the Directors to compulsorily redeem Participating Shares in accordance with resolution 2 above; and

4. the voluntary withdrawal of the listing of the Class A and Class B Participating Shares on the Cayman Islands Stock Exchange in accordance with listing rule 3.8 published by the Cayman Islands Stock Exchange and the waiver of the requirement of 90 days' advanced written notice to holders of Class A and Class B Participating Shares.

1 October 2012

For further information in relation to the above announcement please contact David Makin at the office of the Company's Secretary, Maples Secretaries (Cayman) Limited (Tel: +1 345 814 5780 or d[email protected]).

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
12:23p Global Cooling Fabric Market to Grow at a CAGR of 10.6% by 2023 - Key Players are Polartec, Hexarmor, Ventex Corporation, Tex-Ray Industrial & Spoerry 1866 AG - Research and Markets
12:22p NAA & NMHC List the Hardest/Easiest Cities to Add New Apartments; Rankings Based on Local Regulations, Available Land
12:22p Medical/Hospital Beds Market, 2021
12:20p J.P. MORGAN : Named #1 eCommerce Merchant Acquirer in Europe
12:19p SPAIN : Juncker Plan: EIB supports Maier’s innovation strategy and expansion plan with EUR 25m
12:19p WASSENAARSEWEG : work starts 24 June
12:19p LOWE : Completes Acquisition of Maintenance Supply Headquarters
12:19p EASYJET : becomes first European airline to launch a skill for Amazon Alexa
12:19p UNITED CONTINENTAL : Qatar’s talk of American stake may reignite row
12:19p ABERDEEN ASSET MANAGEMENT : Form 8 (DD) - Standard Life PLC
Latest news
Hot News 
-2.20%Kinnevik appoints Georgi Ganev as CEO
1.51%DEUTSCHE BANK : appoints ex-Ukraine boss new Russia head
1.14%Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor
1.50%AP MOLLER MAERSK : Maersk Line plans pharma transport market push with new digital tool
0.31%CROWN RESORTS : China jails Crown Resorts staff over gambling crimes
Most Read News
04:29a DANIEL LOEB : Loeb's Third Point targets 'staid' Nestle for change
05:21a Loeb's Third Point targets 'staid' Nestle for change
06/25 KSS And Takata Reach Agreement In Principle Regarding Purchase Of Substantially All Of Takata's Assets
03:39a MIKHAIL FRIDMAN : Fridman's L1 Retail to buy Holland & Barrett for $2.3 billion
Most recommended articles
06:12a Western Digital won't consent to SK Hynix participation in Toshiba chip unit sale
06:08a 'Pharma bro' Martin Shkreli heads into fraud trial
05:55a NESTLE : 'committed' to strategy as activist investor moves in
05:50a EU court seen ruling on Intel antitrust case next year - judge
05:47a TAKATA : Factbox - What next for airbag maker Takata after bankruptcy filing?