New Star Absolute Return Fund Income Shares Announcements

Statement re Suspension

21 August 2008 07:00:11



RNS Number : 7629B New Star Absolute Return Fund PCC 21 August 2008  
?
New Star Absolute Return Fund PCC Limited (the "Company")
Statement re: Suspension

21 August 2008
Further to the announcement of 4 August 2008 outlining the recommended proposals for the reconstruction and winding up of the Company, the shares in the Company will be suspended from trading on AIM and CISX with immediate effect pending the results of the shareholder meetings on 22 August 2008. A further announcement regarding the results of the shareholder meetings will be made in due course.

Enquiries: 

Alison Bilham, HSBC Securities Services (Guernsey) Limited - company secretary, +44 (0) 1481 707213 
Susan Walker, KPMG Corporate Finance - nominated adviser,       +44 (0) 20 7311 1000
KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated by the Financial Services Authority for investment business activities, is acting for the Company as nominated adviser in relation to the matters set out in this announcement and is not acting for any other person in relation to these matters. KPMG Corporate Finance will not be responsible to anyone other than Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this announcement. 
END
This information is provided by RNSThe company news service from the London Stock Exchange  END  SRSPMMFTMMITBIP

All data suppied by Digital Look (15 minute delay)




Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.