ZWEIG-DiMENNA INT'L LIMITED-SUPPLEMENT TO OFFERING MEMORANDUM
Date | 5-Jan-2001 |
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The following is the text of a Supplement to the Offering Memorandum of Zweig-DiMenna International Limited:
"ZWEIG-DiMENNA INTERNATIONAL LIMITED SUPPLEMENT TO OFFERING MEMORANDUM
The following replaces the information set forth in the "Description of Shares" section at pages 21-22 of the Offering Memorandum dated January 3, 2000 of Zweig-DiMenna International Limited (the "Company").
DESCRIPTION OF SHARES
The Company is authorized to issue up to 500,000 Class A Shares with a par value of U.S. $.01 each and 15,000 Class B Shares with a par value of U.S. $.01 each. The Company has an authorized share capital of U.S. $5,150. Although the Company has the right to authorize and issue additional classes of stock by amending its Memorandum of Association, the Board of Directors has no present intention of authorizing or issuing additional classes. Class B Shares are issued only to a person if that person's aggregate share ownership would otherwise be in excess of 5% of the Company's outstanding Shares and if that person is prohibited from participating in, or does not provide reasonable assurance to the Company and the Investment Manager that it is able to participate in, U.S. "hot issue securities" under the rules of the U.S. National Association of Securities Dealers, Inc. (NASD).
The Shares will be issued in registered form; the Company will not issue bearer Shares. Physical stock certificates representing Shares will not be issued. The Company's administrator, registrar and transfer agent, Dominion Management Services Limited, maintains a current list of the registered names and addresses of the Company's shareholders. Each Share, when issued, will be fully paid and non-assessable.
Holders of Shares are entitled to one vote per Share and will participate on a pro rata basis in the assets of the Company on liquidation and in dividends and other distributions as declared.
Dated: December 14, 2000" |