PSD Psource

TIDMPSD

RNS Number : 5066A

PSource Structured Debt Limited

30 March 2012

30/3/12

PSource Structured Debt Limited

Intention to propose managed winding down

In September 2011, the Board of PSource Structured Debt committed to put wind up or reconstruction proposals to shareholders by the end of March 2012.

Following consultation with the major shareholders, the Board announces its intention to propose a managed winding down and consequent changes of investment objective and policy, and amendments to the investment management and management agreements

These proposals are in process of regulatory approval and are intended to be announced on or prior to Thursday 5 April and an EGM convened on or prior to 30 April.

Contact:

Soondra Appavoo

PSource Capital Limited

020 7925 3156

This information is provided by RNS

The company news service from the London Stock Exchange

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