Compliance with AIFMD

RNS Number : 0294N

Target Healthcare REIT Limited

22 July 2014

 



TARGET HEALTHCARE REIT LIMITED

To:        RNS

From:    Target Healthcare REIT Limited

Date:    22 July 2014

Compliance with AIFMD

The Board of Target Healthcare REIT Limited (the "Company") confirms that it has appointed Target Advisers LLP with effect from 22 July 2014 as its alternative investment manager (the "AIFM") as required by the Alternative Investment Fund Managers Directive (the "AIFMD").  The Company's existing investment management agreement with its current investment manager, R&H Fund Services (UK) Limited has been terminated and the Company has entered into a new AIFMD compliant management agreement with the AIFM on the same commercial terms as the existing agreement. 

In connection with this the Company has also appointed Augentius Depositary Company Limited as its depositary as required by the AIFMD. 

All enquiries:

Kenneth MacKenzie

Target Advisers LLP

01786 406 581

Martin Cassels

R&H Fund Services Limited

0131 524 6140

 

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