The Board announces that the Company has today published a circular to provide the Company's shareholders (the "JGGI Shareholders") with further details of the Scheme and to convene a general meeting of the Company (the "General Meeting") to seek approval from JGGI Shareholders for the implementation of the Scheme (the "Circular"). The Scheme Shares will be allotted to the Liquidators who will renounce such Scheme Shares in favour of Eligible HINT Shareholders and sell any Scheme Shares issued in respect of Excluded HINT Shareholders in the market for the benefit of such Excluded HINT Shareholders. The Scheme Shares that are issued to HINT Shareholders will be issued on a Formula Asset Value ("FAV") for FAV basis. • Contribution to costs: HINT Shareholders and JGGI Shareholders will be insulated from a significant proportion of the costs of the Proposals as a result of the Manager's Contribution (as described further below). The JGGI Debt Holder Costs do not form part of the JGGI Implementation Costs and will be borne by the JGGI Shareholders and reflected in the JGGI FAV.

Source: The Times April 17, 2025 06:02 UTC