MW TOPS Limited (the "Company")
11 September 2009
Conversion Between Classes, Cancellation of Shares & Admission of New
Shares
Conversion requests
The table below summarises the aggregate number of shares of each
class in relation to which the Company has received requests to
convert such shares into shares of another class with effect from 28
August 2009 (the "Conversion Calculation Date").
From Euro Shares to Sterling Shares : 483,097
From Sterling Shares to Euro Shares : 28,750
From Euro to USD Shares : 50,000
Conversion ratios
The net asset values per share of each class as at the Conversion
Calculation Date were as follows:
�9.97 in the case of Euro Shares
£10.09 in the case of Sterling Shares
$9.84 in the case of US$ Shares
The spot currency conversion rates as at the Conversion Calculation
Date were as follows:
�1:£ 0.8805, �1: US$ 1.4351, £1: �1.1357, £1: US$1.6299, US$1:
�0.6968, US$1:£0.6135
On the basis of the above, the conversion ratios were as follows:
0.6877 Euro Shares for every one US$ Share
1.1494 Euro Shares for every one Sterling Share
0.8700 Sterling Shares for every one Euro Share
0.5983 Sterling Share for every one US$ Share
1.4541 US$ Shares for every one Euro Share
1.6713 US$ Shares for every one Sterling Share
Results of conversion
With effect from 14 September 2009, the issued share capital of the
Company will be as follows:
Euro Shares: 5,678,426
Sterling Shares: 7,300,798
US$ Shares: 1,618,575
Admission of new shares
Application has been made for 391,556 Sterling Shares and 72,702 US$
Shares to be listed on London Stock Exchange. It is expected that
such listing will become effective and that dealings in such shares
will commence on 14 September 2009.
Enquiries to:
Anson Fund Managers Limited
Secretary
Tel: +44 (0) 1481 722 260
This announcement is for information purposes only and is not an
offer to invest. The Company is registered with the Dutch Authority
for the Financial Markets as a collective investment scheme which may
offer participations in The Netherlands pursuant to article 2:66 of
the Financial Markets Supervision Act (Wet op het financieel
toezicht). All investments are subject to risk. Past performance is
no guarantee of future returns. Prospective investors are advised to
seek expert legal, financial, tax and other professional advice
before making any investment decision. The value of investments may
fluctuate. Results achieved in the past are no guarantee of future
results.
E&OE - in transmission
END OF ANNOUNCEMENT
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