Sample 1 Based on 1 documents 1 The amount of shares trading in the secondary market is always a concern for a corporation. Alcentra European Floating Rate Income Fund LimitedThe information contained within this announcement constitutes inside information. When a company wants to purchase outstanding stock from Corporations sell stock for the first time to the public via an The person responsible for arranging for the release of this announcement on behalf of the Company is Sharon Williams of BNP Paribas Securities Services S.C.A., Guernsey Branch, Company Secretary.BNP Paribas Securities Services S.C.A., Guernsey Branch Compulsory Physical Redemption means in in relation to the Compulsory Redemption of any WT Securities, settlement of the Redemption Obligations in respect thereof by delivery of the relevant Underlying Assets in accordance with the Applicable Product Annex. All rights reserved.Alcentra European Floating Rate Income Fund LimitedThe Board of Directors of Alcentra European Floating Rate Income Fund Limited (the "Company") is pleased to announce that following the successful sale of the Company's investments, the Company will implement an interim compulsory redemption (the "Redemption") of its redeemable ordinary shares of no par value (the "Shares") in order to return approximately GBP45 million to shareholders.The Redemption is being effected pro rata to holdings of Shares on the register at the close of business on 24 July 2020 (the "Redemption Date") pursuant to a general authorisation to redeem Shares held by all Shareholders in accordance with Article 49 of the Company's Articles of Incorporation.Prior to the Redemption the Company has 91,677,667 Shares in issue. Shares Spotlight... ALCENTRA EUROPEAN FLOATING RATE INCOME FUND LIMITED.
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No fractions of Shares will be redeemed and so the number of Shares to be redeemed for each Shareholder will be rounded down to the nearest whole number of Shares.The Shares will be disabled in CREST after close of business on the Redemption Date and the existing ISIN number - GG00BN4CFL84 (the "Old ISIN") - will expire. Delisting of 2 WisdomTree ETCs due to a Compulsory Redemption Event 2 WisdomTree ETCs will be delisted the 11th June 2020 May 20 2020 - 10:30 Download the Notices: (file pdf - … Unlike a redemption, which is compulsory, selling shares back to the company with a repurchase is voluntary.
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Define Compulsory Physical Redemption. The Board of Directors of Alcentra European Floating Rate Income Fund Limited (the "Company") is pleased to announce that following the successful sale of the Company's investments, the Company will implement a second compulsory redemption (the "Second Redemption") of its redeemable ordinary shares of no par value (the "Shares") in order to return approximately GBP32 million to shareholders.The Second Redemption is being effected pro rata to holders of Shares on the register at the close of business on 11 September 2020 (the "Redemption Date") pursuant to a general authorisation to redeem Shares held by all Shareholders in accordance with Article 49 of the Company's Articles of Incorporation.Prior to the Second Redemption the Company has 41,190,725 shares in issue. Companies can sometimes buy and sell stock like investors.