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Gulf Investment Fund (GIF) Ordinary USD0.01

Sell:$2.22 Buy:$2.30 0 Change: $0.02 (0.89%)
Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Gulf Investment Fund Ordinary USD0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Apr 2024)

Gulf Investment Fund plc has recently announced a tender offer. Under the terms of the offer, the company is offering to buy up to 100% of the company’s shares. 

 

You can ask to sell all or part of your holding in the offer. 

 

The tender offer price will be calculated by reference to a tender pool on the calculation date of close of business on 26 March 2024. The company’s assets will then be split between a tender pool and a continuing pool on 16 April 2024.

If you ask to sell your shares you won’t know in advance the price you’ll get. The tender price will be an amount equal to the final value of the tender pool divided by the total number of tendered shares (rounded down to four decimal places) on the tender pool calculation date.

 

 If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by noon on Wednesday 10 April 2024

 

Any shares you ask to sell will be removed from your portfolio from 10 April 2024. You’ll receive cash from shares successfully sold as soon as practcable thereafter, and any shares not successfully sold will be returned to your account around the same time.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:$2.22
Buy:$2.30
Change: $0.02 (0.89%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Gulf Investment Fund Ordinary USD0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Apr 2024)

Gulf Investment Fund plc has recently announced a tender offer. Under the terms of the offer, the company is offering to buy up to 100% of the company’s shares. 

 

You can ask to sell all or part of your holding in the offer. 

 

The tender offer price will be calculated by reference to a tender pool on the calculation date of close of business on 26 March 2024. The company’s assets will then be split between a tender pool and a continuing pool on 16 April 2024.

If you ask to sell your shares you won’t know in advance the price you’ll get. The tender price will be an amount equal to the final value of the tender pool divided by the total number of tendered shares (rounded down to four decimal places) on the tender pool calculation date.

 

 If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by noon on Wednesday 10 April 2024

 

Any shares you ask to sell will be removed from your portfolio from 10 April 2024. You’ll receive cash from shares successfully sold as soon as practcable thereafter, and any shares not successfully sold will be returned to your account around the same time.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:$2.22
Buy:$2.30
Change: $0.02 (0.89%)
Market closed |  Prices as at close on 18 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Gulf Investment Fund Ordinary USD0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Apr 2024)

Gulf Investment Fund plc has recently announced a tender offer. Under the terms of the offer, the company is offering to buy up to 100% of the company’s shares. 

 

You can ask to sell all or part of your holding in the offer. 

 

The tender offer price will be calculated by reference to a tender pool on the calculation date of close of business on 26 March 2024. The company’s assets will then be split between a tender pool and a continuing pool on 16 April 2024.

If you ask to sell your shares you won’t know in advance the price you’ll get. The tender price will be an amount equal to the final value of the tender pool divided by the total number of tendered shares (rounded down to four decimal places) on the tender pool calculation date.

 

 If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by noon on Wednesday 10 April 2024

 

Any shares you ask to sell will be removed from your portfolio from 10 April 2024. You’ll receive cash from shares successfully sold as soon as practcable thereafter, and any shares not successfully sold will be returned to your account around the same time.

 

Full details of this event will be sent to qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
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The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.