Utente: Anonimo

Tetragon Financial Group Limited (TFG) Announces Continuation of its Share Repurchase Program

The updated share repurchase program will commence on November 1, 2011 and will continue for a period of up to October 31, 2012, until 5% of the Company's outstanding shares have been repurchased under the updated program or until terminated by the Board.  Other than as described below, the updated share repurchase program shall be conducted on the same terms as the previously announced program on October 1, 2010.  Accordingly, the maximum price to be paid per share under the share repurchase program shall not exceed the higher of the price of the last independent trade and the highest current independent bid on Eurolist by NYSE Euronext Amsterdam.  TFG's maximum daily trading volume for such purchases shall be based on the average daily volume traded in September 2011 and shall be fixed for the duration of the program.  
LONDON, 28/10/2011 (informazione.it - comunicati stampa - servizi) (/PRNewswire/)

The updated share repurchase program will commence on November 1, 2011 and will continue for a period of up to October 31, 2012, until 5% of the Company's outstanding shares have been repurchased under the updated program or until terminated by the Board.  Other than as described below, the updated share repurchase program shall be conducted on the same terms as the previously announced program on October 1, 2010.  Accordingly, the maximum price to be paid per share under the share repurchase program shall not exceed the higher of the price of the last independent trade and the highest current independent bid on Eurolist by NYSE Euronext Amsterdam.  TFG's maximum daily trading volume for such purchases shall be based on the average daily volume traded in September 2011 and shall be fixed for the duration of the program.  

About Tetragon:

Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended investment company traded on Euronext Amsterdam by NYSE Euronext under the ticker symbol "TFG."

Tetragon Financial Group Limited (TFG) currently invests primarily through long-term funding vehicles such as collateralized loan obligations (CLOs) in selected securitized asset classes and aims to provide stable returns to investors across various interest rate and credit cycles.

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.

For further information, please contact:
TFG:
David Wishnow/Yuko Thomas
Investor Relations
ir@tetragoninv.com


Press Inquiries:
Brunswick Group
Andrew Garfield/ Gill Ackers/ Pip Green
tetragon@brunswickgroup.com

 

PRN NLD

Ufficio Stampa
PR Newswire
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Non disponibili