Tuesday, 19 March 2024

Announcement

NAME: HAG: Change of name and results of Tender Offer

18 Mar 2013 08:34NZX
HENDERSON ASIAN GROWTH TRUST PLC

15 March 2013

Results of General Meeting, change of name and results of Tender Offer

Both resolutions considered by shareholders at the General Meeting today were
passed.

Schroders commenced its appointment as the Company''s investment manager under
the terms of the new Investment Management Agreement from the close of
today''s General Meeting.

The Company''s name will shortly be changed to Asian Total Return Investment
Company plc.  The Company''s ticker will change to ATR with effect from 18
March 2013.

Further to the announcement of a tender offer for up to 50% of the Company''s
Shares in issue, details of which were contained in a Circular sent to
shareholders on 20 February 2013, the Board announces that the Tender Offer
was over-subscribed with 52.64% of the Company''s issued share capital being
validly tendered.

Following scaling back, 74,091,140 Shares will be repurchased by the Company
at the Repurchase Price, which is expected to be announced by close of
business on 22 March 2013.  Shareholders who tendered in excess of their
basic entitlement will have their Excess Tenders satisfied to the extent of
approximately 87.89%.

It is expected that cheques will be despatched and CREST payments will be
made in the week commencing 25 March 2013.

Following the implementation of the Tender Offer, the Company will have
74,091,141 Shares in issue (excluding any Shares held in treasury).

From today until the completion of the Tender Offer, the Company will not
publish daily NAVs.  It is expected that the publication of daily NAVs will
resume during the week commencing 25 March 2013.

Terms used and not defined in this announcement shall have the meanings given
in the Circular dated 20 February 2013.

Enquiries

Jan Kingzett
Schroders
020 7658 6471

Jane Lewis
Winterflood Investment Trusts
020 3100 0295
End CA:00234225 For:HAG    Type:NAME       Time:2013-03-18 08:34:09
Views: 257
Henderson Asian Growth Trust
 3.710 Change:
0.00
0.00%
 
Open:3.710 
High:3.710 
Low:3.710 
Volume:0 
Last Traded:18/03/13 11:48:53 
Bid:3.800 
Ask:3.900 
52-Wk High:3.800 
52-Wk Low:2.900