Redemption of Shares
17 Juillet 2002 - 10:00AM
UK Regulatory
RNS Number:7258Y
Aberforth Geared Cap & Inc Tst PLC
17 July 2002
ABERFORTH GEARED CAPITAL & INCOME TRUST plc
Redemption of Redeemable Shares
As provided in the prospectus issued by the Company on 3 December 2001, the
Company has, on 16 July 2002, redeemed for cash at par the 50,000 unlisted
redeemable preference shares of £1 each in the capital of the Company. The
redeemable shares were allotted by the Company to Aberforth Partners on 28
November 2001 to enable the Company to obtain a certificate of entitlement
to do business and to borrow under section 117 of the Companies Act 1985.
The authorised and unissued share capital arising as a consequence of the
redemption of the redeemable shares has in accordance with the Company's
articles of association been redesignated as Capital Shares of 1p each in
the capital of the Company.
CONTACT: Gordon Young • Aberforth Partners • 0131 220 0733
Aberforth Partners, Secretaries - 17 July 2002
ANNOUNCEMENT ENDS
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