LONDON, April 24, 2018 /PRNewswire/ --
Tetragon announced in its 2017 Annual Report its intention to introduce an additional market quote in Sterling for its non-voting shares traded on the London Stock Exchange. This quotation will exist alongside the company's existing U.S. Dollar quotation in London and its current listing on Euronext Amsterdam N.V.
The company today announces that it expects the trading in Sterling of its non-voting shares on the Specialist Funds Segment of the main market of the London Stock Exchange to occur with effect from 26 April 2018. Paddy Dear, a Co-Founder of Tetragon's investment manager, said, "We are very pleased to add a Sterling-denominated quote on the London Stock Exchange, which should enable U.K.-oriented investors better access to Tetragon's shares."
As set out below:
- the existing ISIN will apply for both the U.S. Dollar Quote and the Sterling Quote;
- the existing SEDOL and TIDM will continue to apply for the U.S. Dollar Quote;
- a new SEDOL and TIDM will be introduced for the Sterling Quote:
U.S.Dollar Quote Sterling Quote U.S.Dollar Quote London Stock Exchange London Stock Exchange Euronext ISIN GG00B1RMC548 GG00B1RMC548 GG00B1RMC548 SEDOL B28ZZS3 GB B1RMC54 GB B1RMC54 NL TIDM/Ticker TFG LN TFGS LN TFG NA
All dividends will continue to be declared in U.S. Dollars and the default currency for dividend payments will remain U.S. Dollars.
Tetragon intends that once the Sterling Quote is effective, dividends will be capable of being received in Sterling by shareholders making a dividend currency election. Further information regarding such elections will be made available on Tetragon's website at http://www.tetragoninv.com under the Investors/Dividends section in due course.
Tetragon is a closed-ended investment company that invests in a broad range of assets, including bank loans, real estate, equities, credit, convertible bonds, private equity, infrastructure and TFG Asset Management, a diversified alternative asset management business. Where appropriate, through TFG Asset Management, Tetragon seeks to own all, or a portion, of asset management companies with which it invests in order to enhance the returns achieved on its capital. Tetragon's investment objective is to generate distributable income and capital appreciation. It aims to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. The company is traded on Euronext in Amsterdam N.V. and on the Specialist Fund Segment[ ]of the main market of the London Stock Exchange. For more information please visit the company's website at http://www.tetragoninv.com.
This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of Tetragon have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. Tetragon does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, Tetragon has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. Tetragon is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act as a collective investment scheme from a designated country.
SOURCE Tetragon Financial Group Limited