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Delisting of the Aberdeen SCOTS Trust


//business-finance.news-articles.net/content/2009/05/29/delisting-of-the-aberdeen-scots-trust.html
Published in Business and Finance on Friday, May 29th 2009 at 14:09 GMT, Last Modified on 2009-05-29 14:10:01 by Market Wire   Print publication without navigation


 TORONTO, May 29 /CNW/ - The Aberdeen SCOTS Trust (TSX: SCO.UN), an investment trust traded on the Toronto Stock Exchange, announced today that its units have been delisted as at the close of business. This action resulted from the termination of the Trust, pursuant to unitholder approval obtained on April 14, 2009 in accordance with the terms of the trust agreement of the Trust, and the redemption of all of the issued and outstanding Trust units on May 29, 2009. Pursuant to the trust agreement, the Investment Manager has converted the assets of the Trust to cash and the net assets of the Trust will be distributed to unitholders as soon as possible, after making adequate provisions for all of the Trust's liabilities and upon completion of the Trust's final audit. As the Trust units trade in "Book-Entry Only" system administered by CDS Clearing and Depository Services Inc., a beneficial holder of Trust units need not take any action with respect to the redemption. ------------------------------------------------------------------------- If you wish to receive this information electronically, please contact [ InvestorRelations@aberdeen-asset.com ] -------------------------------------------------------------------------[ www.aberdeen-asset.ca ]
For further information: Aberdeen Asset Management Investor Relations, 1-800-992-6341, [ InvestorRelations@aberdeen-asset.com ]

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