Ashoka WhiteOak Emerging Markets Trust Plc - Response to Strategic Review announcement by Asia Dragon Trust plc
LEI: 254900Z4X5Y7NTODRI75
(the `Company' or `AWEM')
Response to Strategic Review announcement by Asia Dragon Trust plc
(`Asia Dragon')
The Board is pleased to see proposals will be considered from established fund management groups with experience of managing equity strategies similar to that currently pursued by Asia Dragon. Accordingly, AWEM confirms the Company's intention to participate in the process given the previously announced attractive proposed transaction with support in principle from 56 per cent. of Asia Dragon shareholders.
For further information:
Fadrique Balmaseda
Priyan Rayatt
Buchanan (Public Relations) 020 7466 5000
Henry Wilson 07788 528 143
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