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Global Specialised Opportunities 1 Limited – Market Announcement
HAMILTON, Bermuda – 6 November, 2013 – In a filing with the Bermuda Stock Exchange ("BSX"), Global Specialised Opportunities 1 Limited (the “Company”; Ticker: GLSPOPP.GU), announced details of a Compulsory Redemption of shares. The filing stated:
"The Directors of Global Specialised Opportunities 1 Limited (the “Company”) announce a compulsory redemption of 9,701.78 shares at a price of USD 1,004.78, being the latest reported net asset value per share as at 30 June 2013. The redemption amount of US$9,750,000 will be paid to shareholders on 8 November 2013. The redemption represents approximately 18.81% of the Company’s shares in issue prior to the redemption and brings the total amount returned to shareholders to 43.17% on an original cost basis. The number of shares in issue post redemption is 41,877.41.”
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