Change of investment policy and two disposals
On 6th December 2010 Candover announced a proposed change of investment policy and two disposals. A circular was posted to shareholders providing further details of the principal terms of and rationale for the change in investment policy and the disposals.
Download the announcement here.
On the 22nd December 2010 a General Meeting was held to ask shareholders to vote, via a single resolution, to approve the change of investment policy and the two disposals. The resolution was duly passed, and the change of investment policy was adopted with immediate effect. Completion of the disposals occurred in April 2011.