on Southey Capital Ltd
Southey Capital Ltd Announces Voluntary Tender Offer for Franklin FTSE Russia ETF
Southey Capital Ltd invites holders of Franklin FTSE Russia ETF to partake in a voluntary tender offer, effective from January 28, 2025. This offer allows holders to tender their securities for cash at $0.45 per unit. Although there is no set maximum acceptance amount, the offer remains non-mandatory and respects any issuer or legal ownership limits.
The offer aims to provide liquidity for holders facing challenges accessing exchanges. Critical deadlines include an expiration date on February 28, 2025, by 18:00 CET, with settlement following as soon as possible post-acceptance confirmation.
Acceptance involves submitting a Form of Acceptance via email before the stipulated deadline or potentially later, at the offeror’s discretion. Southey Capital reserves the right to modify, withdraw, or terminate the offer, adhering to applicable laws. Complete details are available through official channels.
R. E.
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