Scheme of Arrangement 2021
Omnis has reorganised two of its funds, through what is known as a Scheme of Arrangement. The Scheme was approved at the Extraordinary General Meeting held on 6 August 2021 and the change became effective on 28 August 2021.
The Shareholder Circular explains the change in further detail.
Implementation of the Omnis Funds Scheme of Arrangement.
Omnis Investments Limited (“Omnis”), as Authorised Corporate Director of the Omnis Portfolio Investments ICVC, hereby confirms that the resolution proposed at the Extraordinary General Meeting (“EGM”) on 6 August 2021 to transfer assets from the Omnis UK Equity Income Fund (the Existing Omnis Fund) to the Omnis UK All Companies Fund (the Target Omnis Fund), was approved by Shareholders and became effective on 28 August 2021.
Shareholders have received shares in the Target Fund in place of each share that was held in the Existing Fund, as detailed in the Shareholder Circular. Shares in the Target Fund were applied in the following way:
|Existing Fund||Target Fund||Number of shares recieved in Target Fund|
|Omnis UK Equity Income Fund||Omnis UK All Companies Fund||1.10053778|