Review of investment management arrangements
Released : 26/07/2019
RNS Number : 8749G
LMS Capital PLC
26 July 2019
26 July 2019
LMS CAPITAL PLC
Review of investment management arrangements
Ahead of the third anniversary of the appointment of the incumbent manager, Gresham House Asset Management Limited, the Board of LMS Capital plc announces that it is has commenced a process to review its investment management arrangements. The Board has taken this action to ensure that the ongoing interests of all shareholders are actively considered. A number of written proposals have been received and a select number of parties, including the incumbent manager, will be interviewed shortly. The Board will report to shareholders, in due course, the outcome of the process.
The Company expects to release its interim results to 30 June 2019 by the end of next week and those results will include an update on the Company's portfolio.
ENQUIRIES | ||
LMS Capital plc | Tel: 020 7742 | 4000 |
Martin Knight, Chairman | ||
J.P. Morgan Cazenove | Tel: 020 7742 | 4000 |
Michael Wentworth-Stanley |
LEI: 2138004UJ1TW8UCELX08
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LMS Capital plc published this content on 26 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2019 09:44:07 UTC