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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 14A | |||||
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Proxy Statement Pursuant to Section 14(a) of | |||||
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Preliminary Proxy Statement | ||||
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) | ||||
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Definitive Proxy Statement | ||||
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Definitive Additional Materials | ||||
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Soliciting Material Pursuant to §240.14a-12 | ||||
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H&Q Healthcare Investors | |||||
(Name of Registrant as Specified In Its Charter) | |||||
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No fee required. | ||||
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. | ||||
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. | ||||
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FOR IMMEDIATE RELEASE
H&Q HEALTHCARE INVESTORS ANNOUNCES CHANGE
IN NUMBER OF TRUSTEES
BOSTON, MA, May 7, 2012 H&Q Healthcare Investors (NYSE: HQH) (the Fund) announced today, following the death of a long-time Trustee, Lawrence S. Lewin, that the Board of Trustees has reduced the number of Trustees from eight to seven, in accordance with the Funds Amended and Restated Declaration of Trust, as amended. Accordingly, shareholders of the Fund will vote for the election of two Class B Trustees (the nominees being Daniel R. Omstead, Ph.D. and Uwe E. Reinhardt, Ph.D) and one Class C Trustee (the nominee being Michael W. Bonney) at the annual meeting of the Funds shareholders to be held on June 11, 2012.
H&Q Healthcare Investors (NYSE: HQH) is a closed-end fund that invests in public and private companies in the healthcare industry. Hambrecht & Quist Capital Management LLC, based in Boston, serves as investment adviser to the Fund. Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.
For additional information, please visit www.hqcm.com or call (617) 772-8500.