Diamond Circle Capital directors vote to complete closure of fund

The board of directors for Diamond Circle Capital plc, a closed diamond investment fund, concluded its extraordinary general meeting on December 28 with a special resolution to finalize closing the fund.

The liquidator will distribute the company's assets to shareholders according to to their shareholdings following the settlement of the company's outstanding liabilities, the announcement said.

The board will apply to the U.K. listing authority to cancel trading of ordinary shares on December 31.

Trading in Diamond Circle Capital's shares was temporarily suspended at the company's request on December 27, saying an announcement was due.