Derogation of Model Code

RNS Number : 9664K

Acorn Income Fund Ld

01 July 2014

 



ACORN INCOME FUND LIMITED (THE "COMPANY")

DEROGATION OF MODEL CODE

Pursuant to Listing Rule 15.5.1 R (Compliance with the Model Code) the Company hereby wishes to notify the market that the close period of the Company will commence on 1 July 2014 and is anticipated to end following the release of its Interim Financial Report for the period ended 30 June 2014 on or around 20 August 2014.

In accordance with Listing Rule 15.5.1(4), the Company confirms that all inside information (as defined in section 118C of the Financial Services and Markets Act 2000) including bi weekly NAV estimates has been and will continue to be notified to a regulatory information service ("RIS") and that the Directors and the Company are not in possession of any additional inside information that has not been notified to a RIS.

Accordingly, the Company will continue to adopt the Model Code during the close period, with the exception of the following activities which may be undertaken:

-     dealings by persons discharging managerial responsibilities in the Company;

-     purchases by the Company of its own securities;

-           sale of treasury shares for cash or transfers (except for sales and transfers by the Company of treasury shares in the circumstances set out in LR 12.6.2 R).

01 July  2014

For further information about this announcement contact:

JTC Fund Managers (Guernsey) Limited

Secretary

Tel:  [phone]

END OF ANNOUNCEMENT

E&OE - in transmission.

 

END

 

 

STRUROVRSRANOAR