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Global Specialised Opportunities I Limited Announces Cancellation of Shares
HAMILTON, Bermuda: 02 August 2011 – The Bermuda Stock exchange has been informed by the Board of Directors of Global Specialised Opportunities 1 Limited of the cancellation of shares and adjustment to the Company’s net asset value.
The announcement reads:
“On 19 July 2011, Global Specialised Opportunities 1 Limited issued an unaudited Net Asset Value per share as at 31 March 2011 of USD 1,170.51 per share. On the 31 March 2011 reporting date, the Company had total Ordinary Shares outstanding of 55,164.907 shares, which was unchanged since the inception of the Company.
Subsequent to the 31 March 2011 reporting date, GSO1 acquired and cancelled 6.50% of the Ordinary Shares outstanding, reducing the Company’s Ordinary Shares outstanding to 51,579.188 shares. The effective net asset value of the Company’s current Ordinary Shares outstanding therefore amounts to approximately USD 1,174.96 per share based on the 31 March 2011 unaudited Net Asset Value.”
Contact:
BSX Listing Sponsor:
Alex Conyers, First Bermuda Group (441) 295-1330