“Citadele Asset Management”, an investment management joint-stock company, informs that the merging process of the open investment funds “Citadele Caspian Sea Equity Fund”, ISIN LV0000400273 and “Citadele Ukrainian Equity Fund” ISIN LV0000400422 (hereinafter ‘the Merging UCITS’) with „Citadele Asset Management” IMJSC established open investment fund “Citadele Eastern European Small and Mid Cap Fund”, ISIN LV0000400851 (hereinafter – ‘the Receiving UCITS’), has been completed.
The Merging UCITS ceased to exist on September 23rd, 2014 without liquidation process. According to that the unit-holders of the Merging UCITS have become unit-holders of the Receiving UCITS.
The exchange ratio applicable to the exchange of units of the Merging UCITS and units of the Receiving UCITS was as follow:
- "Citadele Caspian Sea Equity Fund" – 0.262510;
- "Citadele Ukrainian Equity Fund" – 0.077640.
Unit holders will be able to manage with their units of the receiving UCITS starting from September 26th, 2014.
Additional information for unit holders is available on IMJSC “Citadele Asset Management” official homepage www.citadeleam.lv or at the head office of the investment management joint-stock company “Citadele Asset Management” at Republikas square 2A, Riga during its business hours.