THIS ANNOUNCEMENT
CONTAINS INSIDE INFORMATION
DW Catalyst Fund Limited (the
"Company")
(a closed-ended investment collective investment scheme registered
and incorporated in Guernsey with registration number 52520)
Strategy
Update
1 June 2017
Following the passing of the discount trigger resolution earlier
this year, which will result in approximately 58 per cent of the
Company’s shares being redeemed, the Company has discussed its
future with its investment manager, DW Partners, LP (“DW
Partners”), and obtained the views of shareholders representing a
majority of the continuing shares.
As a result of these discussions and feedback received, the
Directors have agreed that a resolution to wind up the Company
should be proposed to shareholders at its forthcoming annual
general meeting, to be held in August which, if passed, will lead
to the liquidation of the Company. In conjunction with any
liquidation, DW Partners will consider the extent to which
shareholders can be offered an opportunity to invest in alternative
vehicles, subject to satisfaction of eligibility
requirements.
Details of the resolution and, if it is passed, the proposed
timing for the liquidation of the Company and distributions to
shareholders, will be included in the shareholder circular for the
annual general meeting, to take place on 4 August 2017.
Enquiries:
Company website:
www.dwcatalystltd.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Rebecca Booth
Tel: +44 (0) 1481 745189