LONDON, October 22, 2015 /PRNewswire/ --
TFG today announces that, in connection with the proposed dual admission of TFG's non-voting shares (the "Shares") to trading on the Specialist Fund Market of the London Stock Exchange plc ("Admission"), which is anticipated to become effective on or about 9 November 2015, it is expected that there will be a change in the Company's primary central securities depositary from the Nederlands Centraal Instituut voor Giraal Effectenverkeer BV ("Euroclear Nederland") to Euroclear UK & Ireland Limited ("Euroclear EUI").
Consequently, it is expected that following Admission, the Shares will be accepted for clearance both through the book-entry facilities of Euroclear Nederland and CREST, the electronic securities settlement system operated by Euroclear EUI which enables securities to be evidenced otherwise than by certificates and transferred otherwise than by written instrument.
Following Admission, holders of TFG Shares will be permitted to hold their Shares directly through the CREST system rather than indirectly through the nominee account of Euroclear Bank with CREST. Holders of TFG Shares are advised to contact their custodian/nominee with details of their CREST account/nominee CREST account should they wish to hold their Shares directly through the CREST system.
TFG is a Guernsey closed-ended company traded on Euronext Amsterdam N.V. under the ticker symbol "TFG" that aims to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. The company's investment portfolio comprises a broad range of assets, including a diversified alternative asset management business, TFG Asset Management, and covers bank loans, real estate, equities, credit, convertible bonds and infrastructure.
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 TFG have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act"), as amended, and may not be offered or sold in the United States or to US persons unless they are registered under applicable law or exempt from registration. TFG 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, TFG has not been and will not be registered under the US Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. TFG is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act ("FMSA") as a collective investment scheme from a designated country. This release constitutes regulated information ("gereglementeerde informatie") within the meaning of Section 1:1 of the FMSA.
SOURCE Tetragon Financial Group Limited