MacarthurCook Property Securities Fund 01 & 02 – Panel Publishes Reasons

The Panel today published the reasons for its decision to consent to a request by Laxey Partners Ltd to withdraw its application to the Panel dated 18 April 2012 (01) and decline to conduct proceedings on an application dated 24 April 2012 from Pelorus Private Equity Limited (02), both of which related to the affairs of MacarthurCook Property Securities Fund.

Details of the Panel's decision can be found at TP12/29.

The Panel's reasons are on the Takeovers website.