Three Rock Capital Management Limited is the UCITS Management Company for Premium Selection UCITS ICAV (the “Receiving UCITS”), an Irish UCITS established as an umbrella fund with segregated liability between its sub-funds under the Irish Collective Asset-management Vehicles Act 2015, having its registered office at 149 Francis Street, Dublin 8, D08 W6E8, registered under the laws of Ireland with number C431615
On 15 June 2023, a merger has occurred between:
(1) 2 sub-funds of the Luxembourg UCITS Multicooperation SICAV (each an “Absorbed Sub-Fund”);
(2) 2 sub-funds of the Receiving UCITS (each a “Receiving Sub-Fund”);
On 15 June 2023, all the assets and liabilities of each Absorbed Sub-Fund will be transferred to each Receiving Sub-Fund and shareholders of the Absorbed Sub-Funds will automatically receive registered shares of the relevant share class in the Receiving Sub-Funds. As from 15 June 2023, such shareholders will acquire rights as shareholders of the Receiving Sub-Funds and will thus participate in any increase or decrease in the net asset value of the Receiving Sub-Funds.
The fund administrator for the Receiving Sub-Funds will be responsible for calculating the exchange ratio and allocating the shares in the Receiving Sub-Funds to the shareholders of the Absorbed Sub- Funds.
The Receiving Sub-Funds will not comprise any assets or liabilities at the date of the Merger. The Receiving Sub-Funds’ share classes will be issued on 15 June 2023. Where share classes of the Absorbed Sub-funds are merged into corresponding share classes of the Receiving Sub-Funds, the net asset value of the latter on 15 June 2023 will be set to be equal to the prevailing net asset value of the corresponding share class of the Absorbed Sub-Fund. The exchange ratio as of 15 June 2023 will therefore be equal to 1 and shareholders will receive a share of the relevant share class of the Receiving Sub-Fund for each Absorbed Sub- Fund’s share of the relevant share class exchanged.
Where share classes of the Absorbed Sub-Fund are merged into share classes of the Receiving Sub-Fund with different characteristics, the exchange ratio will be calculated on the basis of the respective net asset values of the Absorbed Sub-Fund’s share class and of the Receiving Sub- Fund’s share class, whereby the net asset value of the Receiving Sub-Fund’s share class will be defined as described in the above paragraph. This exchange ratio will be used to calculate the number of shares of the relevant share class of the Receiving Sub-Fund which a shareholder will receive.
Please find enclosed below the Initial Offering Price of each share class.
|Fund name||Absorbed Sub-Fund ISIN||Receiving Sub-Fund ISIN||Initial Offering Price|
|Julius Baer Strategy Income (USD)||LU0175821353||IE00005P8DR8||175.47|
|Julius Baer Strategy Income (USD)||LU0175822914||IE0005UZOUG8||131.5|
|Julius Baer Strategy Income (USD)||LU0818797028||IE0000TUNPP5||135.88|
|Julius Baer Strategy Income (USD)||LU0818796996||IE0000TUNPP5||135.88|
|Julius Baer Strategy Income (USD)||LU0175823219||IE00005P8DR8||175.47|
|Julius Baer Strategy Income (USD)||LU1692981142||IE0003NFDNW5||100.96|
|Julius Baer Asia REITs||LU2139628924||IE000F8FKD40||85.29|
|Julius Baer Asia REITs||LU2139629815||IE000K6VHTX5||80.45|
|Julius Baer Asia REITs||LU2139630664||IE000KMSI9S3||82.88|
|Julius Baer Asia REITs||LU2139629062||IE000M5GXHW0||92.37|
|Julius Baer Asia REITs||LU2139629906||IE000G968YB9||86.82|
|Julius Baer Asia REITs||LU2139630748||IE000AE3ULS3||89.64|
|Julius Baer Asia REITs||LU2139629146||IE000E78O8V4||94.04|
|Julius Baer Asia REITs||LU2139629229||IE000VW1GRM9||86.87|
|Julius Baer Asia REITs||LU2208637350||IE000YPP4DW3||93.94|
|Julius Baer Asia REITs||LU2139631043||IE000YR1SDE5||77.05|