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Monday 12 May, 2008

New Star Absolute

Transaction in Own Shares

RNS Number : 2438U
New Star Absolute Return Fund PCC
12 May 2008
 



NEW STAR ABSOLUTE RETURN FUND PCC LIMITED

(A closed-ended investment company incorporated in Guernsey with registered number 45060 under the provisions of The Companies (Guernsey) Law 1994 to 1996 and the Protected Cell Companies Ordinance 1997 to 1998, as amended)

12th May 2008


TRANSACTION IN OWN SHARES


New Star Absolute Return Fund PCC Limited (the 'Company') announces that on 9th May 2008 it purchased the number of shares at the prices set out below; the resulting share capital per class is also set out in the table below 




Shares repurchased

Repurchase price

Resulting share capital

Income Shares

800,000


 

GBP 0.912


7,697,940

Growth Shares


 

450,000


GBP1.035

11,697,881



All shares purchased will be held in treasury. 


All shareholders have equal voting rights based on the number of shares held. Accordingly, the total number of voting rights in the Company is 19,395,821 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.



Enquiries:


Alison Bilham, HSBC Securities Services (Guernsey) Limited

 

Tel: +44 (0) 1481 707213 



Ends

This information is provided by RNS
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