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Global Specialised Opportunities 1 Limited
Hamilton, Bermuda: 24 November 2016 – In a filing with the Bermuda Stock Exchange (“BSX”), Global Specialised Opportunities 1 Limited (the “Company”) announce a compulsory redemption. The full filing stated:
The Directors of Global Specialised Opportunities 1 Limited (the “Company”) announce a compulsory redemption of 6,297.35 shares at a price of USD 1,016.30, being the latest reported net asset value per share as at 30 June 2016. The redemption amount of US$6,400,000 will be paid to shareholders on 25 November 2016. The redemption represents approximately 26.8% of the Company’s shares in issue prior to the redemption and brings the total amount returned to shareholders to 91.66% on an original USD cost basis. The number of shares in issue post redemption is 17,200.13.