Tau Capital PlcTau Capital plc is a closed-ended fund formerly trading on AIM and originally established to support the strong growth prospects of Kazakhstan and its neighbouring countries, through a mix of public and private equity, and special situations. The Company invested primarily in the dynamic Kazakhstan economy but also in other countries in the region, including the Kyrgyz Republic, Uzbekistan, Turkmenistan, Tajikistan, Russia and Mongolia. At an Extraordinary General Meeting held on 4 October 2018, the Investing Policy was amended as follows: (a) no new investments in Private Equity investments (as defined in the Company’s admission document dated 3 May 2007) will be made with effect from 24 July 2012; (b) no new investments in Public Equities (as defined in the Company’s admission document dated 3 May 2007) will be made by the Manager (as defined in the Company’s admission document dated 3 May 2007) on behalf of Tau (Cayman) LP with effect from 24 July 2012 without the prior approval of the Board; (c) the sale of the portfolio of Private Equity investments will be implemented within a period of 6 months, in the case of (c), with the periods starting as from 4 October 2018, provided that the Board shall have the discretion to extend further any such period as appropriate in respect of the investment in Stopharm LLP. On 18 October 2018 the Company completed the sale of Stopharm LLP and became a cash shell. On the 9 April 2019, the Company completed a Placing of additional Ordinary shares. On the 23 April 2019, trading in the Company’s Ordinary shares were suspended and on 24 October 2019, the trading of Ordinary shares in AIM was Cancelled. For shareholder information, please contact: |
|||
|