By ADRIAN LOWCOCK 09/02/2010
Today, Fidelity confirmed the launch of the Fidelity China Special Situations PLC, a new closed-ended investment company that will be managed by Anthony Bolton. They are looking to raise £630 million and the fund will be available to both retail and institutional investors, with the Prospectus looking to be published on 26th February 2010.
Shares in the company will be issued at £1 and will be eligible for investment through the Fidelity ISA for both the current and next tax years. The public offer will open on 26th February 2010 and will close on 5th April 2010. Application forms to invest will need to be received by 26th March 2010. If you would like to register your interest and have the Prospectus and Application Form sent out to you as soon as they become available please register here
Key dates:
Target Initial Public Offer date: 26th February 2010
Target Publication date for Prospectus: 26th February 2010
Target Offer period: 26th February to 5th April
Target Trading date: 19th April 2010
As more information becomes available, we will be posting it on our website to keep you informed.
If you would like to discuss this article further please call one of our Advisers on 020 7189 9999.