HSGS Hsbc Global �

 

TIDMHSGU TIDMHSGS 
 
RNS Number : 0267G 
HSBC Global Absolute Limited 
25 January 2010 
 

HSBC Global Absolute Limited 
St Martins House, Le Bordage, St Peter Port, Guernsey, GY1 1BP 
 
 
 
 
 
 
Strategic Review 
 
 
The Company is approaching its planned continuation vote at the AGM in August 
2010. In the event that the continuation vote is not passed at that AGM the 
Board of Directors will, under the Company's Articles of Association, be 
required to put forward proposals for a liquidation of the Company by no later 
than 30 September 2011. 
 
 
The Board of Directors and its advisers are actively considering options for the 
future of the Company ahead of the AGM date. It is anticipated that these 
options should allow shareholders to continue their investment in an absolute 
return fund of hedge funds product and will seek to address shareholders' 
concerns regarding the liquidity of their investment in the Company and the 
level of discount to net asset value at which the Company's Sterling, Euro and 
Dollar shares currently trade. 
 
 
The Company is currently taking legal and financial advice and expects to make a 
further announcement before the end of March 2010. 
 
 
Enquiries 
 
 
HSBC Alternative Investments Limited 
 
 
Noel von Kaltenborn - 020 7860 3067 
 
 
Cenkos Securities 
 
 
Charlie Ricketts - 020 7397 1910 
Dion Di Miceli - 020 7397 1921 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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