No 76 - Board Announcement

RNS Number:3495T
Beta Global Emerging Mkts Inv Tst
1 November 2000


RE : BETA GLOBAL EMERGING MARKETS INVESTMENT TRUST PLC (BETA GEM)

FURTHER TO ITS ANNOUNCEMENT OF 18 OCTOBER, 2000, THE BOARD OF BETA
GEM ANNOUNCES THAT :

1.  THE BOARD HAS BEEN EXAMINING AN OPTION WHICH WOULD INVOLVE AN
ORDERLY REALISATION OF THE COMPANY'S INVESTMENTS AND THE LIQUIDATION
OF THE COMPANY, WITH A VIEW TO ALLOWING SHAREHOLDERS TO REALISE THEIR
INVESTMENT IN BETA GEM FOR CASH QUICKLY, EFFICIENTLY AND COST
EFFECTIVELY

2.  ANOTHER OPTION BEING EVALUATED BY THE BOARD IS THE PROPOSAL PUT
FORWARD BY THE FLEMING EMERGING MARKETS INVESTMENT TRUST PLC (FEMIT)
AS REFERRED TO IN THE ANNOUNCEMENT RELEASED BY FEMIT YESTERDAY

3.  THE BOARD HAS BEEN IN DISCUSSION WITH SHAREHOLDERS BELIEVED TO
REPRESENT OVER 80 PERCENT OF THE ISSUED SHARES OF BETA GEM, THESE
DISCUSSIONS ARE CONTINUING

4.  S G COUNTRY FUNDS HAS BEEN APPOINTED AS ADVISER TO THE COMPANY.

A FURTHER ANNOUNCEMENT WILL BE MADE SHORTLY.

ENQUIRIES :

JOHN MARSHALL (CHAIRMAN)
BETA GLOBAL EMERGING MARKETS INVESTMENT TRUST PLC
TEL : +44 20 7378 4402 (WORK)
      +44 20 8445 2597 (HOME)

PAUL FINCHAM (HEAD OF CORPORATE FINANCE)
S G COUNTRY FUNDS (A DIVISION OF SG SECURITIES (LONDON) LIMITED,
REGULATED BY THE SECURITIES AND FUTURES AUTHORITY)
TEL : +44 20 7762 5987

Bullabulling (LSE:BGL)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024