THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION
29 April 2024
Gulf Investment Fund plc (Ticker: GIF)
Tender Offer Update
Further to the announcement on 21 March 2024, the Board of Gulf Investment Fund plc confirms that the Tender Pool Determination Date had been set at 25 April 2024. As at that date the Final Tender Offer Asset Value was $2,903,083, giving a Tender Price of $2.5088.
The 1,157,160 Tendered Shares will be cancelled.
It is expected that the proceeds payable to shareholders who tendered shares will be made on or around 15 May 2024.
For the purposes of this announcement, unless otherwise defined, capitalised words and phrases shall have the meaning given to them in the Circular.
Legal Entity Identifier: 2138009DIENFWKC3PW84
For further information:
Anderson Whamond +44 (0) 1624 630 400
Gulf Investment Fund plc
Suzanne Jones +44 (0) 1624 630 400
Apex Corporate Services (IOM) Limited
Alex Collins +44 (0) 20 7886 2500
Panmure Gordon
William Clutterbuck +44 (0) 7785 292 617
H Advisors Maitland
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