Lock-up release

RNS Number : 7195C

Liontrust Asset Management PLC

24 January 2018

 

24 January 2018

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Lock-up release

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014.  Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Liontrust Asset Management Plc (the "Company" or "Liontrust") announces that it has released Alliance Trust PLC ("AT") from lock-up arrangements in respect of 4,060,792 shares (the "Disposed Shares") in order to allow AT to dispose of all of such shares. That disposal has now completed.

The Disposed Shares represented approximately 8.2% of the Company's entire issued share capital.

The lock-up arrangements were entered into in connection with Liontrust's acquisition of Alliance Trust Investments Limited from AT and were due to expire on 1 April 2018. The Disposed Shares comprised AT's entire holding in the Company). 

For further information please contact:

Liontrust Asset Management Plc                              020 7412 1700

John Ions                                                                             www.liontrust.co.uk

Vinay Abrol

Simon Hildrey - Chief Marketing Officer

Numis Securities Limited                                             020 7260 1000

Corporate Broking & Advisory - Charles Farquhar

Macquarie Capital (Europe) Limited                        020 3037 2000

Advisory - Jonny Allison, Kavita Choitram
Corporate Broking - Alex Reynolds, Nicholas Harland

ENDS

 

END

 

 

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