Dexion Absolute has announced the results of its 2015 redemption and with it the closure of both the US$ and Euro share classes. Now only the sterling share class remains although Euro and US$ shareholders were given the option to switch into the Sterling share class. Under the terms of the redemption offer, 25% of the sterling share class has been redeemed (equivalent to 16.7m shares). A redemption pool is to be created at the end of September with the first distribution expected in November and a second settlement in February 2016.
Dexion Absolute US$ and Euro Share classes now closed : DAB, DABU, DABE
