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Funds News

BRIEF-ASA International Notified That Life Of CMI Fund Extended By Another 5 Years

Dec 24 (Reuters) - ASA International Group PLC:

* NOTIFIED BY FOUNDING, LARGEST SHAREHOLDER CATALYST MICROFINANCE INVESTORS THAT LIFE OF CMI FUND EXTENDED BY ANOTHER 5 YEARS

* CMI SHALL DISTRIBUTE IN-KIND 10.6% OF CO’S SHARES TO 11 OUT OF 29 CMI SHAREHOLDERS WHO DID NOT OPT TO EXTEND THEIR HOLDING IN CMI

* DISTRIBUTION IN-KIND OF 10.6% OF CO’S SHARES TO REDUCE CMI’S SHAREHOLDING IN CO TO 30.4% FROM 41%, INCREASE CO’S FREE FLOAT

* COMPANY HAS NOT ISSUED ANY NEW SHARES. Source text for Eikon: Further company coverage:

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