The Board of Dunedin Enterprise Investment Trust PLC has announced a recommended proposal for a member`s voluntary liquidation of the Company, to be put to shareholders at the General Meeting of the Company to be held on 17 December 2024.
In order to facilitate the implementation of the Proposals, the Shares will be suspended from listing on the Official List and from trading on the London Stock Exchange with effect from 7.30 a.m. on 17 December 2024, being the date of the General Meeting.
If the Resolution is passed at the General Meeting, this will also result in the cancellation of the listing of the Shares on the Official List and the Shares ceasing to trade on the London Stock Exchange. It is expected that the cancellation of listing and trading would take effect from 8.00 a.m. on 18 December 2024.
It is currently expected that an Initial Distribution to shareholders will amount to approximately GBP19.3 million, in aggregate, representing approximately £3.50 per Share. Should the proposal be passed, we will credit this cash to client accounts on or around 29th January 2025.
If you require any further information, you may contact us either by letter, telephone or email as detailed below quoting ‘Dunedin’ in the subject box.
Corporate Action Administration
Direct Line – 0161-819-4850 | Email: caisa@pilling.co.uk