Pacific Assets Trust enters members’ voluntary liquidation to execute ATR reconstruction scheme
Bitget2026/09/24 09:38- Pacific Assets Trust entered members’ voluntary liquidation under a reconstruction scheme to combine its assets with Schroder Asian Total Return.
- Shareholders backed the liquidation resolution with 59,473,279 votes for (99.62%) versus 226,201 against (0.38%).
- Ernst & Young insolvency practitioners Derek Neil Hyslop and Richard Peter Barker were appointed joint liquidators to wind up the trust.
- Scheme terms set rollover value at 445.370762 pence per share, cash option at 430.578342 pence per share.
- Rollover investors receive 0.608247 new ATR shares per “A” reclassified share; new ATR shares start dealing at 8:00 a.m. Sept. 25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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