Summary
LONDON (HedgeWorld.com) - Responding to demand for shares of its AIS Ltd. fund of funds, Alternative Investment Strategies Ltd. said it would issue an additional 85 million Class C Sterling Hedged shares at 1 per share.
The fund of funds, the first to be listed on the London Stock Exchange, last year raised 41 million (US$76.2 million) through an issue of C Class Sterling Hedged shares. Those later converted to ordinary shares, and the newly issued shares will eventually do the same, according to AIS.See the full content of this document
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Ais to Issue New Shares
A spokeswoman for AIS said the firm decided to issue the additional share...
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