At Forth’s Extraordinary General Meeting yesterday, the Fund’s recommended cash offer for the Company’s shares (the “Scheme”) was formally approved by Forth’s shareholders.
Accordingly, with the Scheme now formally approved by shareholders, we are completing the necessary court application process and expect the transaction to close in mid June 2011.
In addition, we began working with Forth management on the implementation of our asset management plans going forward.
This information note (“Note”) has been prepared by Arcus European Investment Manager LLP (“Arcus”) for use solely for information purposes. Arcus makes no representations or warranties to the accuracy or completeness of any past, simulated or estimated performance results contain herein, and further nothing contained herein shall be relied upon as a promise by, or representation by, Arcus whether as to past or future performance results.