Entitlements Under Scheme
06 1월 2004 - 11:31PM
UK Regulatory
RNS Number:9039T
Derby Trust PLC
06 January 2004
Derby Trust p.l.c.
Entitlements under the Scheme
The Board of Derby Trust p.l.c. (the "Company") announces, further to the
announcement made on 30th December 2003, shareholders entitlements under the
scheme of reconstruction for the Company.
Entitlements under the Scheme
Income shareholders who elected or were deemed to have elected for immediate
cash receive 25p per income share. Capital shareholders who elected or were
deemed to have elected for immediate cash receive 674.575p per capital share.
In accordance with the reconstruction proposals for every income share held in
the Company, shareholders will receive:
Option Shares/units
Fidelity Special Values 0.077468
Fidelity Special Situations 0.013103
Fidelity Income Plus 0.1436358
Fidelity MoneyBuilder Income 0.8183549
Fidelity WealthBuilder 0.5673263
Fidelity Cash Fund 0.2497399
or such combination of the above for which they elected.
In accordance with the reconstruction proposals for every capital share held in
the Company, shareholders will receive:
Option Shares/units
Fidelity Special Values 2.090316
Fidelity Special Situations 0.353541
Fidelity Income Plus 3.875781
Fidelity MoneyBuilder Income 22.08042
Fidelity WealthBuilder 15.32571
Fidelity Cash Fund 6.745756
or such combination of the above for which they elected.
The issue price of shares in Fidelity Special Values PLC was 323.4861p, being a
3.25% premium to the NAV as at midday on 5 January 2004, for shares issued
under the Scheme.
The issue price of securities in the Rollover Funds were as follows:
Option Issue price
Fidelity Special Values 323.4861p
Fidelity Special Situations 1913p
Fidelity Income Plus 174.5p
Fidelity MoneyBuilder Income 30.63p
Fidelity WealthBuilder 44.13p
Fidelity Cash Fund 100p
Dealings in respect of new shares in Fidelity Special Values PLC issued under
the Scheme are expected to commence on 6 January 2004 and certificates are
expected to be issued on 7 January 2004. Confirmation notes in respect of new
Securities issued in the Rollover Funds issued under the Scheme are expected to
be despatched on 6 January 2004. In respect of elections for cash, cheques were
despatched on 2 January 2004.
Enquiries:
Christopher Smith 020 7588 2828
Cazenove & Co. Ltd
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