Change of Investment Adviser

RNS Number : 8811D

Ground Rents Income Fund PLC

03 May 2013

 

FOR IMMEDIATE RELEASE

GROUND RENTS INCOME FUND PLC (THE "COMPANY")

Change of Investment Adviser

The Company hereby announces that it is proposed that, conditional on the placing of the Convertible Preference Shares becoming effective (see separate announcement dated today), the Company's investment adviser, Braemar Estates (Residential) Limited, shall be replaced by Brooks Macdonald Limited.  Braemar Estates (Residential) Limited shall retain the role of property manager.

03 May 2013

FOR FURTHER INFORMATION CONTACT:

Simon Wombwell (Director)                                                  [phone]

N+1 Singer (Broker)                                                            [phone]

James Maxwell / Jenny Wyllie

Appleby Securities (Channel Islands) Limited (Sponsor)          [phone]

Gemma Campbell                     

 

END

 

 

MSCUGURPAUPWGGP