Acquisition of GVO Investment Management Limited

RNS Number : 2464A

RIT Capital Partners PLC

19 December 2014

 



RIT Capital Partners plc to acquire GVO Investment Management Limited

RIT Capital Partners plc ("RIT") has entered into an agreement to acquire GVO Investment Management Limited ("GVOIM"), a specialist fund manager, from Hansa Aktiengesellschaft ("Hansa"), subject to regulatory approval. GVOIM currently manages the GVO UK Focus Fund, an Irish listed open-ended investment company, and Strategic Equity Capital plc, a London-listed investment trust. Conditional upon the transaction's regulatory approval, RIT will acquire Hansa's holding in Strategic Equity Capital plc.

MEDIA CONTACTS

RIT Capital Partners Plc

Brunswick

Tom Burns / Ben Fry                                         

+ 44 (0)207 404 5959

[e-mail]                                                                       

About RIT Capital Partners plc

§ RIT Capital Partners plc is an investment trust listed on the London Stock Exchange with net assets of 
    over £2billion.

§ It is chaired by Lord Rothschild, whose family interests retain a significant holding.  

§ www.ritcap.com

 

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