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ARTICLE · 24 MAY 2010

Client Newsletter Spring 2010 - Listings

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

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The ISE has made a welcome change to its policy in respect of classes which are required to delist as a result of having no shares in issue, usually as a result of redemptions by investors.

IrelandWealth Management

In this issue:-

  • Dormant classes listed on the ISE
  • Re-domiciling of Listed offshore funds to a Listed Irish vehicle
  • Funds listings update
  • Debt Listings update

DORMANT CLASSES LISTED ON THE ISE

General

The ISE has made a welcome change to its policy in respect of classes which are required to delist as a result of having no shares in issue, usually as a result of redemptions by investors. The ISE will now allow the relisting of such classes in a simplified process within a 12 month timeframe, without the need for a new listing application. The same SEDOL code may be used provided that there has been no change in the investment objective, description, domicile or currency relating to the class.

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