Luxembourg, 2013-10-25 15:52 CEST (GLOBE NEWSWIRE) -- On November 05, 2013, the board of directors of Saxo Invest Sicav has resolved to initiate the delisting of the two share classes Saxo Invest – CPH Capital Consumer Equities R (ISIN Code: LU0735967183) and Saxo Invest – CPH Capital Global Equities R (ISIN Code: LU0616502885) (hereafter the "Share Classes") from NASDAQ OMX Copenhagen A/S.
The background for the contemplated delisting of the Share Classes from NASDAQ OMX Copenhagen A/S is that the demand from secondary market investors has proved to be insignificant, based on the current trading volume and frequency of the Share Classes. The board of directors has also considered that there is also no discernible evidence which would suggest that the demand for the Share Classes will increase in the future.
It is paramount to the board of directors that any decision on whether to continue or terminate the listing and official trading of the Share Classes is made on a fully disclosed basis and with due regard to the interests of the shareholders. Consequently, before taking any such decision, the board of directors will convene a hearing (the "Hearing") to be held at Saxo Invest Sicav’s registered office in Luxembourg on November 05, 2013 from 13:00 to 14:00, to give the shareholders of the two Share Classes an opportunity to express their views and opinions about the proposed delisting of the Share Classes from trading and official listing on NASDAQ OMX Copenhagen A/S.
The agenda for the Hearing is included in the attached Notice of Hearing of Shareholders. The shareholders of the Share Classes can express their views at the Hearing or by fax to the fund at +(352) 24 52 4204. The fax should be received by no later than 13:00 on November 05, 2013. Shareholders who attend the Hearing should bring proof of their identity.
Regards
Board of Directors
